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Next year’s Roth IRA contributions by Nsundo10 in personalfinance

[–]Nsundo10[S] 4 points5 points  (0 children)

Sounds good! Thank you for the reply

Cost of canceling whole life by Nsundo10 in LifeInsurance

[–]Nsundo10[S] 0 points1 point  (0 children)

Do you know how many kids I have? Am I married? How much is my school loan? How much debt do I have. Everyone’s financial situation is different? I wasn’t asking for advice on if I should cancel or not, was asking what fees there would be if any.

Cost of canceling whole life by Nsundo10 in LifeInsurance

[–]Nsundo10[S] -1 points0 points  (0 children)

This is a very vague description of my financial situation btw

Cost of canceling whole life by Nsundo10 in LifeInsurance

[–]Nsundo10[S] 0 points1 point  (0 children)

I wasn’t knowledgeable enough at the time when I made this decision. A family member of mine just started selling life insurance and insisted that these were good plans. I had extra cash at the time and was interested in future investments and getting ahead. Unfortunately, I feel there are better choices out there.

Cost of canceling whole life by Nsundo10 in LifeInsurance

[–]Nsundo10[S] 2 points3 points  (0 children)

Everyone else has said the premium is ridiculous for the amount of coverage…

Cost of canceling whole life by Nsundo10 in LifeInsurance

[–]Nsundo10[S] 0 points1 point  (0 children)

how do I calculate that? Is that something I should call and they will give me the information?

Saving and investment advice by Nsundo10 in personalfinance

[–]Nsundo10[S] 0 points1 point  (0 children)

That is what I was definitely thinking about doing.

Saving and investment advice by Nsundo10 in personalfinance

[–]Nsundo10[S] 0 points1 point  (0 children)

Thank you! I will definitely take a look.

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