u/driftlesslocke

Keep my whole life policy?

My Grandfather started a Northwestern Mutual Whole Life Policy for me when I was born. The premium is $2000 a year, paid for by the policy and the death benefit is around 765,000 with a cash value of 195,000. I’ll be 40 in a few years. At this point I think I should keep it, but I know some people are not fans of whole life. It is paid up at 65 and the cash value is projected to be 800,000 then.

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u/driftlesslocke — 3 days ago