Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
Retirement tip
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="satellitedriver" data-source="post: 253954" data-attributes="member: 1664"><p>The universal part bothers me. It is late and I can't crunch the numbers right now, but my first thought is that you will be paying an insurance company to get a smaller return over time.</p><p>If you just pay for a $500,000 20 year term and invest the difference from $300 a month in a solid long term investment(ie, bonds, mutual funds ect..) for the same 20 yrs, maybe your wife would come out ahead.</p><p>Do the numbers, universal typically is loaning the insurance company money and getting a small interest payback.</p><p>Univeral insurance is a blend of term and whole life. It is sold as building cash value.</p><p>It does, but at the cost of your own money.</p><p>PAX</p></blockquote><p></p>
[QUOTE="satellitedriver, post: 253954, member: 1664"] The universal part bothers me. It is late and I can't crunch the numbers right now, but my first thought is that you will be paying an insurance company to get a smaller return over time. If you just pay for a $500,000 20 year term and invest the difference from $300 a month in a solid long term investment(ie, bonds, mutual funds ect..) for the same 20 yrs, maybe your wife would come out ahead. Do the numbers, universal typically is loaning the insurance company money and getting a small interest payback. Univeral insurance is a blend of term and whole life. It is sold as building cash value. It does, but at the cost of your own money. PAX [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
Retirement tip
Top