Purchased variable whole life insurance when I was young and also have term life insurance coverage 5x of my annual income. I plan to cash out the whole life policy for my retirement and stop the term life when I am in my 60s. No need to have life insurance any more if the kids can support themselves.
haha - I did exactly what you recommend
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I think you need to pay tax for the gain
-sunskitehomes-
♂
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09/29/2010 postreply
19:21:54