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Ep. 7: An Economist Compares Whole Life with "Buy Term & Invest the Difference"
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Bob uses Dave Ramsey as a springboard to go through the proper apples-to-apples comparison of Whole Life insurance versus a term-policy-with-side-fund strategy. There are pros and cons of each.
Watch the video version of this episode here: https://www.youtube.com/watch?v=XCyhNS4ep9s
Ramsey clip: https://www.youtube.com/watch?v=mPRTp6XrScM
Bob's two-part Medium series explaining the WL and BTID strategies in more detail:
https://medium.com/infineogroup/comparing-whole-life-to-buy-term-invest-the-difference-part-1-of-2-eab1b008fedc
https://medium.com/@robert.murphy_15979/comparing-whole-life-to-buy-term-invest-the-difference-part-2-of-2-84cd633a10d8
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