Is Life Insurance A Good Investment at Life

Is Life Insurance A Good Investment. Permanent life insurance is a good investment, especially for young people who may have access to lower rates. When it comes to retirement, you have more options for saving money than eligible plans, such as an ira or 401(k).

Because whole life insurance is expensive and offers low returns, it isn’t a good investment option for most people. So why am i opposed to it? “is life insurance a good investment at 22?” no, not compared with the other savings opportunities most young people have.

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Whole life insurance is not a good investment choice for most people because it’s expensive and has low returns. Traditional investments such as a 401(k), ira, or ira will yield higher returns. Because whole life insurance is expensive and offers low returns, it isn’t a good investment option for most people. This article explains how some life insurance policies can also act as investments.