We bought it on a recommendation from my father-in-law, who I fully trust. He’s been working with this same financial guy for 20+ years and we met the guy and the whole life policy sounded like a no-brainer. We are over-funding the policy at $400 month. The plan was to borrow against the cash value for college and also use it for retirement. I suggested this to someone in another post and was downvoted into oblivion. I usually pride myself on smelling bullshit but now, I’m wondering what I’ve missed?
Submitted February 10, 2019 at 10:31PM by hedwaterboy http://bit.ly/2TO0vOB