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Keep or abandon childhood whole life policy?
Keep or abandon childhood whole life policy? I have a small whole life policy that was started for me as a child. The annual premium is now about $750 for a benefit on death of about $51,000. Current cash value is about $7,200. I am currently 46. If I am doing my math right, if I were to cash out now and also accumulate the savings on the annual premium at 4% annual interest rate, it would...
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