The Major Opportunity Cost of Term Life Insurance

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[anthonyhershiser]

So is this a pitch for whole life? How would you factor in the life needs of the beneficiaries if the owner dies too soon? That would be a pricey way to replace income. I'm curious to learn more.

[deftonesenjoyer]

I mean it’s basic economics… Money you spend you can’t invest so you wont earn any profits that that money could have made. The insurance Part here is completely irrelevant. He’s just focusing on a cost factor. You could for example instead of letting the money stay in an account like he proposed still invest the 20k$ and pay the 1000$/year off of the investment account so you would still earn 50% of the potential earnings.