X-Message-Number: 11425 Date: Wed, 17 Mar 1999 16:28:49 +0100 From: (John de Rivaz) Subject: Re: Life insurance va real investment In article: <> writes: > If you can average 12 percent AFTER TAXES, and you invest $1660 per year > paid at the beginning of the year, it takes you 37.89 years to accumulate > this million. > > I would be 82 before I had my MILLION! I don't want to wait that long. > Do you? but suppose you lived another five years? You are probably a life extensionist and could conceivably live another 35 years beyond 82 With Life Insurance, you'd alway have $1m with investment, after five years you'd have $135,335.40 more - enough to cryopreserve one of your friends with Alcor or nearly five people with CI. If the life extension scenario works out, you have 52 million instead on a measly one million with LE. Therefore the 117 year old you would be worse off by $51m for his $1m life insurance. I started investment nearly 20 years ago and am nearly six times better off now than I would have been had I taken up life insurance at the time. And I have made lots of mistakes and could have done it better with hindsight. But then all investors would say this. -- Sincerely, John de Rivaz Homepage: http://ourworld.compuserve.com/homepages/JohndeR Longevity Report: http://www.geocities.com/HotSprings/Sauna/3748/lr.htm Fractal Report: http://www.longevb.demon.co.uk/fr.htm PCS - a Singles listing sheet for people in Cornwall http://ourworld.compuserve.com/homepages/JohndeR/pcs.htm Rate This Message: http://www.cryonet.org/cgi-bin/rate.cgi?msg=11425