Buy Term Invest The Difference -

The goal is to provide death benefit protection while your family needs it (e.g., while raising kids or paying a mortgage) while building a "side fund" that ideally grows large enough to let you once the term expires. Core Comparison

: Find out what a whole life policy with the same death benefit would cost. For example, a $500k policy for a 30-year-old might cost $21/month for term vs. $440/month for whole life—a $419/month difference. buy term invest the difference

: Calculate how much your family would need for income replacement and debt (often 10–12x your annual income). The goal is to provide death benefit protection