LOL, Bob. You are acting like nobody on here knows anything but you.
Obviously insurance always wins if they die early. But if that client who's 60 now lives to 90 or 100, (which is quite possible these days) the ultimate net is about half of that $1million, the rest of that $1m was spent buying the insurance. If the same $14,510 was invested over that 30-40yrs... even at a conservative rate, it would crush that.
Its not an argument, and I'm not saying insurance isn't a good thing - it is. But insurance and investments are 2 different things, and should be used accordingly and rarely directly compared....imo. They are both great for what they do, and I believe most people should have both.
AND... everything you are saying has really nothing to do with the OP's question.
Obviously insurance always wins if they die early. But if that client who's 60 now lives to 90 or 100, (which is quite possible these days) the ultimate net is about half of that $1million, the rest of that $1m was spent buying the insurance. If the same $14,510 was invested over that 30-40yrs... even at a conservative rate, it would crush that.
Its not an argument, and I'm not saying insurance isn't a good thing - it is. But insurance and investments are 2 different things, and should be used accordingly and rarely directly compared....imo. They are both great for what they do, and I believe most people should have both.
AND... everything you are saying has really nothing to do with the OP's question.