Term vs Whole Life: Invest the Difference

Term life insurance costs a fraction of whole life but gives you the same death benefit.

Here's what insurance companies don't want you to know. That extra money you're not spending

on expensive whole life premiums? Invest it yourself. A 30-year-old paying 50 bucks monthly

for term versus 500 for whole life can invest that 450 difference. In 30 years at average

market returns, that's over half a million dollars you control. Whole life?

Maybe 200k if you're lucky, and the insurance company owns it until you die.

You're literally paying them to invest your money poorly. Keep it simple, keep it cheap,

invest the difference yourself. Megawatts can show you exactly how the math works for