Paying Whole Life Insurance Premiums Way Into Our Retirement Life???

Someone told me his yearly total premiums for several of his whole life insurance policies is about $XX,XXX.


Whole life means paying yearly premium till 85 years or waive?

 
Effectively, it means he will need another $XX,XXX more passive income in order to retire.



For younger ones who have not committed to more insurance needs, this is something to seriously think about your lifetime insurance GOALS and PLAN for it!

Not many us are Grasshoppers who can afford to sing song no matter whether it is rain or shine. Right?