Whole life insurance has several benefits ... then you want to evaluate whether it still makes sense to fund. It may be time to look at other options. In the case of my 60-year old retiree ...

Whole life insurance makes sense for some people, but you should also look at term life insurance, which costs less per month but doesn't include an investment. Universal life is another ...

If you're buying whole life insurance, you're looking for coverage ... 20 and 30 years ahead -- doesn’t make sense because these projections (known as illustrations) are not guaranteed.