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Message: <blockquote data-quote="59 Dano" data-source="post: 4914670" data-attributes="member: 23516">LOL.  You'd be better off putting the difference in your after-tax 401k.  You can withdraw as much of it as you want at any time, with only part of the growth (not the principal) subject to taxes and the 10% penalty.  For example, I can take $2000 out of my Vanguard after-tax 401k.  My total taxes and penalties on that would be less than $70.  Or I can pay higher premiums.  In the short run the higher policy plan can possibly be a better value if I have a big health expense shortly after I start paying the higher premiums.  Absent that, the value diminishes annually until I hit the breakeven point and it becomes a waste of money.  The odds of me actually getting any meaningful benefit from the higher policy are slim.</blockquote>