A_Magwitch

Comments:

• No mention of the value of holding whole life insurance into retirement? Why is that?

  Post: Kicking the Tires

  Link to comment from February 5, 2023

• Reduction in subsidy vs paying higher premiums the net impact is the same: someone is being treated differently because of their income. One is FORCED to pay into Medicare all of one’s life and, if you play by the rules, work and are a successful saver, you wind up getting penalized for your success. Let’s remember Medicare is not a program for the poor, it is a program for the ELDERLY.

  Post: Angry at IRMAA

  Link to comment from February 5, 2023

• This article ignores the fact that sometimes people want permanent life insurance because they hate the idea of paying for term insurance and not having anything to show for their premiums paid at the end of the term. This article also does not mention that more affluent people like the advantages of socking away money in tax free accounts.

  Post: Term or Cash Value?

  Link to comment from October 1, 2022

• “the premiums on permanent insurance are so high that many people let their policies lapse.” This sentence is irrelevant. If one chooses a premium that fits into one’s budget and knowingly makes a commitment the actions of others are meaningless.

  Post: Cover Me

  Link to comment from April 6, 2022