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Signed up for Whole Life Insurance Policy. How bad am I being taken advantage of?
Signed up for Whole Life Insurance Policy. How bad am I being taken advantage of? I met with a financial advisor from Northwestern Mutual last July. I am relatively new to investing so I heard what he had to say. He put $115,000 in a mid level investment account. He had me max out my Roth IRAs. Then he had me signed up for Term 80 Life Insurance and Whole Life Insurance. The annual premium for the Term 80 is $328. However the...
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