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

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