[Raybyrnes]

Desmond

there are some nifty things you can do with respect to whole life policies. The major challenge is that they will typically leave you underinsured due to the high premium amount. I would also suggest that the lapse ratio works in the Insurance companies favor although hedge funds have been buying up policies and keeping them in force. Some whole life policies have offered very attractive returns inside of the policies. Northwestern Mutual Life is one of the better companies to check out for this. When banks are paying 1% on CD’s many whole life policies have ben paying 7 or 8 which you can pay into and get a better rate of return on. I believed Robert Baird Manages there money..

[Raybyrnes]

Desmond

there are some nifty things you can do with respect to whole life policies. The major challenge is that they will typically leave you underinsured due to the high premium amount. I would also suggest that the lapse ratio works in the Insurance companies favor although hedge funds have been buying up policies and keeping them in force. Some whole life policies have offered very attractive returns inside of the policies. Northwestern Mutual Life is one of the better companies to check out for this. When banks are paying 1% on CD’s many whole life policies have ben paying 7 or 8 which you can pay into and get a better rate of return on. I believed Robert Baird Manages there money..

[Raybyrnes]

Desmond

there are some nifty things you can do with respect to whole life policies. The major challenge is that they will typically leave you underinsured due to the high premium amount. I would also suggest that the lapse ratio works in the Insurance companies favor although hedge funds have been buying up policies and keeping them in force. Some whole life policies have offered very attractive returns inside of the policies. Northwestern Mutual Life is one of the better companies to check out for this. When banks are paying 1% on CD’s many whole life policies have ben paying 7 or 8 which you can pay into and get a better rate of return on. I believed Robert Baird Manages there money..

[Raybyrnes]

Desmond

there are some nifty things you can do with respect to whole life policies. The major challenge is that they will typically leave you underinsured due to the high premium amount. I would also suggest that the lapse ratio works in the Insurance companies favor although hedge funds have been buying up policies and keeping them in force. Some whole life policies have offered very attractive returns inside of the policies. Northwestern Mutual Life is one of the better companies to check out for this. When banks are paying 1% on CD’s many whole life policies have ben paying 7 or 8 which you can pay into and get a better rate of return on. I believed Robert Baird Manages there money..

[Raybyrnes]

Desmond

there are some nifty things you can do with respect to whole life policies. The major challenge is that they will typically leave you underinsured due to the high premium amount. I would also suggest that the lapse ratio works in the Insurance companies favor although hedge funds have been buying up policies and keeping them in force. Some whole life policies have offered very attractive returns inside of the policies. Northwestern Mutual Life is one of the better companies to check out for this. When banks are paying 1% on CD’s many whole life policies have ben paying 7 or 8 which you can pay into and get a better rate of return on. I believed Robert Baird Manages there money..

[Raybyrnes]

HLS
There are other consideration that would need to be considered with any strategy. Family history, life expectancy etc. I think you make a good point about the comparison and cost of coverage which I would have went into but there is only so much I wanted to type.

I may argue that term life insurance costs have actually gone down and as life expectancy going up actuarial tables should adjust to lower costs. This can be debated. Many with term policies who ahve had the policies for over 1 years shoud be checking out costs and rates as they ahve gone down substantially.

I break down the purchasing of life insurance into increments as far too often people address it once and then try and forget about it whereas I0 believe it should be reviewed every 4 or 5 years minimum. You can be both overinsured and underinsured and my method can give you some flexibility to be on target.

I have nothing against other argument for permenant whole life policies. There are some decent strategies that can be used there aswell but if you are looking to send as little as possible on premium I have given someone something to consider.

[Raybyrnes]

HLS
There are other consideration that would need to be considered with any strategy. Family history, life expectancy etc. I think you make a good point about the comparison and cost of coverage which I would have went into but there is only so much I wanted to type.

I may argue that term life insurance costs have actually gone down and as life expectancy going up actuarial tables should adjust to lower costs. This can be debated. Many with term policies who ahve had the policies for over 1 years shoud be checking out costs and rates as they ahve gone down substantially.

I break down the purchasing of life insurance into increments as far too often people address it once and then try and forget about it whereas I0 believe it should be reviewed every 4 or 5 years minimum. You can be both overinsured and underinsured and my method can give you some flexibility to be on target.

I have nothing against other argument for permenant whole life policies. There are some decent strategies that can be used there aswell but if you are looking to send as little as possible on premium I have given someone something to consider.

[Raybyrnes]

HLS
There are other consideration that would need to be considered with any strategy. Family history, life expectancy etc. I think you make a good point about the comparison and cost of coverage which I would have went into but there is only so much I wanted to type.

I may argue that term life insurance costs have actually gone down and as life expectancy going up actuarial tables should adjust to lower costs. This can be debated. Many with term policies who ahve had the policies for over 1 years shoud be checking out costs and rates as they ahve gone down substantially.

I break down the purchasing of life insurance into increments as far too often people address it once and then try and forget about it whereas I0 believe it should be reviewed every 4 or 5 years minimum. You can be both overinsured and underinsured and my method can give you some flexibility to be on target.

I have nothing against other argument for permenant whole life policies. There are some decent strategies that can be used there aswell but if you are looking to send as little as possible on premium I have given someone something to consider.

[Raybyrnes]

HLS
There are other consideration that would need to be considered with any strategy. Family history, life expectancy etc. I think you make a good point about the comparison and cost of coverage which I would have went into but there is only so much I wanted to type.

I may argue that term life insurance costs have actually gone down and as life expectancy going up actuarial tables should adjust to lower costs. This can be debated. Many with term policies who ahve had the policies for over 1 years shoud be checking out costs and rates as they ahve gone down substantially.

I break down the purchasing of life insurance into increments as far too often people address it once and then try and forget about it whereas I0 believe it should be reviewed every 4 or 5 years minimum. You can be both overinsured and underinsured and my method can give you some flexibility to be on target.

I have nothing against other argument for permenant whole life policies. There are some decent strategies that can be used there aswell but if you are looking to send as little as possible on premium I have given someone something to consider.

[Raybyrnes]

HLS
There are other consideration that would need to be considered with any strategy. Family history, life expectancy etc. I think you make a good point about the comparison and cost of coverage which I would have went into but there is only so much I wanted to type.

I may argue that term life insurance costs have actually gone down and as life expectancy going up actuarial tables should adjust to lower costs. This can be debated. Many with term policies who ahve had the policies for over 1 years shoud be checking out costs and rates as they ahve gone down substantially.

I break down the purchasing of life insurance into increments as far too often people address it once and then try and forget about it whereas I0 believe it should be reviewed every 4 or 5 years minimum. You can be both overinsured and underinsured and my method can give you some flexibility to be on target.

I have nothing against other argument for permenant whole life policies. There are some decent strategies that can be used there aswell but if you are looking to send as little as possible on premium I have given someone something to consider.

[Raybyrnes]

The average life insurance policy will lapse after 4 years. I would consider evaluating the possibility of laddering a string of term policies. By this I mean get a 250 K policy (or whatever amount you choose) for 10 years and a 250 for 20 years. That gives you 500k of insurance over the next 10 years and at the end of 10 years look to take out 500 K at that point which would give you 750K for years 10 through 20 and 500 K for years 20 through 30. At the end of that time kids through school and mortgage may be paid off and you have less need for insurance. Make sure the policies are non-cancellable and guaranteed reknewable.

Because you are using the less expensive term policies you should have a greater amount to pack away and with changes to the IRA limits consider putting fully funding the IRA and converting to a Roth which you would need to do because of your income bracket.

If life happens and something happens that requires you drop a policy you still may be able to have some insurance in place using this method.

[Raybyrnes]

The average life insurance policy will lapse after 4 years. I would consider evaluating the possibility of laddering a string of term policies. By this I mean get a 250 K policy (or whatever amount you choose) for 10 years and a 250 for 20 years. That gives you 500k of insurance over the next 10 years and at the end of 10 years look to take out 500 K at that point which would give you 750K for years 10 through 20 and 500 K for years 20 through 30. At the end of that time kids through school and mortgage may be paid off and you have less need for insurance. Make sure the policies are non-cancellable and guaranteed reknewable.

Because you are using the less expensive term policies you should have a greater amount to pack away and with changes to the IRA limits consider putting fully funding the IRA and converting to a Roth which you would need to do because of your income bracket.

If life happens and something happens that requires you drop a policy you still may be able to have some insurance in place using this method.

[Raybyrnes]

The average life insurance policy will lapse after 4 years. I would consider evaluating the possibility of laddering a string of term policies. By this I mean get a 250 K policy (or whatever amount you choose) for 10 years and a 250 for 20 years. That gives you 500k of insurance over the next 10 years and at the end of 10 years look to take out 500 K at that point which would give you 750K for years 10 through 20 and 500 K for years 20 through 30. At the end of that time kids through school and mortgage may be paid off and you have less need for insurance. Make sure the policies are non-cancellable and guaranteed reknewable.

Because you are using the less expensive term policies you should have a greater amount to pack away and with changes to the IRA limits consider putting fully funding the IRA and converting to a Roth which you would need to do because of your income bracket.

If life happens and something happens that requires you drop a policy you still may be able to have some insurance in place using this method.

[Raybyrnes]

The average life insurance policy will lapse after 4 years. I would consider evaluating the possibility of laddering a string of term policies. By this I mean get a 250 K policy (or whatever amount you choose) for 10 years and a 250 for 20 years. That gives you 500k of insurance over the next 10 years and at the end of 10 years look to take out 500 K at that point which would give you 750K for years 10 through 20 and 500 K for years 20 through 30. At the end of that time kids through school and mortgage may be paid off and you have less need for insurance. Make sure the policies are non-cancellable and guaranteed reknewable.

Because you are using the less expensive term policies you should have a greater amount to pack away and with changes to the IRA limits consider putting fully funding the IRA and converting to a Roth which you would need to do because of your income bracket.

If life happens and something happens that requires you drop a policy you still may be able to have some insurance in place using this method.

[Raybyrnes]

The average life insurance policy will lapse after 4 years. I would consider evaluating the possibility of laddering a string of term policies. By this I mean get a 250 K policy (or whatever amount you choose) for 10 years and a 250 for 20 years. That gives you 500k of insurance over the next 10 years and at the end of 10 years look to take out 500 K at that point which would give you 750K for years 10 through 20 and 500 K for years 20 through 30. At the end of that time kids through school and mortgage may be paid off and you have less need for insurance. Make sure the policies are non-cancellable and guaranteed reknewable.

Because you are using the less expensive term policies you should have a greater amount to pack away and with changes to the IRA limits consider putting fully funding the IRA and converting to a Roth which you would need to do because of your income bracket.

If life happens and something happens that requires you drop a policy you still may be able to have some insurance in place using this method.

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