Term vs whole life comparison

Compare premiums and see what investing the difference between term and whole life could build.

$
$
20 yr
6.0%

Buy term, invest the difference

$127,061

Difference invested each month

$275

Total term premiums
$10,800
Total whole-life premiums
$76,800
Amount you contributed
$66,000
Growth
$61,061

Whole-life policies build cash value; compare this pot against the surrender value you are quoted.

How this is calculated

  • · Ignores policy cash value guarantees
  • · Premiums stay level

Estimates only — not financial, tax or legal advice.

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