Term vs Whole Life: The $200K Difference

Term life insurance saved me over $200,000 compared to whole life, and here's the math

they don't want you to know. I was paying $300 monthly for whole life insurance when

I discovered I could get the same $500,000 coverage with term for just $40 a month. That's $260 I started

investing instead. Over 30 years, that difference compounds to over $200,000 at just

7% returns. Whole life gives you maybe 2% growth while locking your money away.

Term insurance protects your family for way less, and you actually control where your

money grows. The insurance companies make billions because most people never claim whole life

policies. I switched to term, invested the difference in index funds, and built real wealth