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  1. V

    Should I surrender indexed universal life insurance policy?

    @seekeroftruth0 I do have a Roth IRA as well and more concerned with retirement savings, also don't really need the death benefit right now..
  2. V

    Should I surrender indexed universal life insurance policy?

    @kim5398 I definitely don't need the death benefit at the moment...or anytime in the foreseeable future for that matter.
  3. V

    Should I surrender indexed universal life insurance policy?

    @dory69 But I wouldn't be able to use that money for my own retirement, right?
  4. V

    Should I surrender indexed universal life insurance policy?

    Reposting here from r/personalfinance: Family friend sold to me when I was 21 and I've been paying $100/month for about the last 7 years now. After reading up on it a little more, it seems like it makes sense to surrender the policy and invest more into a 401K/IRA since I'm single with no...
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