Term Vs. Whole Life Insurance | The Best Option For The Sandwich Generation
Tae Kim - Financial Tortoise
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Hi, if you're new to my videos my name is Tae Kim. In the classic fable The Tortoise and the Hare, the tortoise didn’t win by being the fastest—he won by being consistent. Step by step, he kept moving forward. And when it comes to building wealth, the same principle applies. It's not about speed—it's about steady progress over time. Subscribe to learn more about: ▶︎ Personal Finance ▶︎ Money & Investing ▶︎ Building Wealth Slowly I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed. Brand Partnership - [email protected] Other Inquiries - [email protected] Financial Tortoise LLC
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What type of life insurance should the "Sandwich Generation" buy? In this video, I break down the difference between term and whole life insurance. And I'll show you how to determine which one is going to work best for your specific situation. Timecodes 0:00 - Intro 0:45 - Why Do You Need Life Insurance? 1:44 - Where to Start 2:26 - Term vs. Whole Life Insurance 3:41 - Don’t Get Hung Up On The Expiration Date 4:14 - How Much To Get? 4:28 - Make Sure To Shop Around 4:55 - Permanent Life Insurance - Whole Life or Universal Life Insurance 6:12 - Insurance Broker Commission 6:40 - Insurance Shouldn’t Be Investments 7:18 - This Gets Me Real Boiling 7:50 - Sales Pitch #1 8:43 - Sales Pitch #2 9:19 - Sales Pitch #3 10:18 - My Recommendation ------------ LINKS: ► Get My Weekly Newsletters: https://www.financialtortoise.com/newsletter ► Favorite Books: https://www.financialtortoise.com/bestbooks DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.
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