Real Personal Finance

123 - Should I Invest in Whole Life Insurance After Maxing Out My 401k?

10.27.2021 - By Scott Frank and James ConolePlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

Scott and James discuss if you should invest in Whole Life insurance after maxing out your 401(k). Listener Question I was recently advised to get a life insurance retirement plan by my adviser. I currently max out my IRA contribution, FSA, 401k to ~56k and have extra money left over. I’m single and don’t have kids to warrant a life insurance plan per se but it sounded intriguing with the extra cash i have leftover. I comfortably have an extra 3-4 k every month leftover. I’m a bit skeptical o...

More episodes from Real Personal Finance