2min chapter

The Ramsey Show cover image

Building Wealth Starts With Setting Aggressive Goals

The Ramsey Show

CHAPTER

Understanding the Drawbacks of Whole Life Insurance

This chapter explores the complexities of whole life insurance, comparing it to term life insurance and revealing its drawbacks as an investment. It highlights the high costs and low growth in the initial years, cautioning consumers about the misleading perception of whole life as a sound financial strategy.

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