Ask Paula: Should I Take a Higher-Paying Job if I Can’t Save As Much for Retirement?
Afford Anything
00:00
How to Use a Whole Life Policy to Support Your Early Retirement
When you die, there is a guarantee that your beneficiary, whomever choose that to be, we'll get this large pay out. And you can lock that into place for less than 50 bucks a month. That's probably less than you pay for your selp one, your home internet drinks in a given month. So i say keep the policy. Pick a charity, pick a cause, pick a pick a legacy that you want to leave behind. Despite what you read on early retirement forums or on blogs that are written for mass audiences that don't know the nuances of your specific situation, despite what you reading on those don't let it lapse.
Transcript
Play full episode
