Is it safe to invest in Max New York Life Insurance Plans for 20 + years.?
I am 31 years Old and want to invest a substantial amount of my earnings for my Retiremenmt benefits. Please Guide.
Public Comments
- Life insurance is not primarily intended to be an investment. Buy insurance to meet your life insurance needs. Invest separately.
- Being a life/annuity broker, that'd make me salivate! However, I wouldn't do what you're doing. I'd consider an index based annuity for a portion of what you want to invest, but certainly not the bulk of it. Most insurance companies won't let you touch your money without a fee, or at least limit what you can withdraw yearly. Balance is most important, spread your money and risk around!
- Life insurance is NOT an investment. You might repost your question under investments and mention what kind of investments you are looking at.
- lifeinsurance.awardspace.info - try this one. I have their insurance and, as remember, they can provide such a service.
- Then why are you looking at life insurance?
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