Ask Terry Questions Investing funds to Life Insurance

Investing funds to Life Insurance

By Terry Savage on April 20, 2024 | Chicken Money

I am 73 thinking of making life insurance premium deposits($16M) giving 4 Percent interest. Own my own home, no financial liabilities. Financially secure.

Terry Says

NO! don’t do that!! YOu’ll only make the life insurance salesman rich!!!
No reason to buy insurance if you don’t have anyone depending on your income and support.

Instead, read this — and currently earn more than 5% on U.S. Government Treasury Bills:
https://www.terrysavage.com/t-bills-beat-cds-2/

money

ASK TERRY

a personal
finance question