The first question is if you even need life insurace. Do you have a family that needs to be taken care of if something happens to you ? A health 29 year old should be able to get 20 year term life policy costing $30 a month with a $500,000 benefit. Frankly I would run away from anything called balenced, whole life ect. Insurence is insurence and investements are investements. Save for stuff like excess premiums paid for really rich guys. Ever notice there are no "balenced" or "whole" homeowners or auto insurence policy ? It is absurd to think my auto policy is a retirement policy,or homeowners policy, ever could be a retirement plan. They are their in case my house burns down or I wreck my car.Life Ins is in case I die and need to take care of my wife and children. .
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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