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Whole Life vs Term Life Comparison
Model 'buy term and invest the rest' against a whole life policy over a set horizon.
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Invest-the-difference advantage
$313K/year
Term + invest future value$394K
Whole life cash value (est.)$81K
Annual premium difference$3,900
If you can earn the assumed return, buying term and investing the premium difference often outperforms whole life cash value growth. Whole life offers guarantees and lifelong coverage that this model does not capture.
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