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by User23 1637 days ago
You're not wrong, but from the very good article you linked:

> I think only the top 20% of income earners should consider whole life. Term insurance is cheaper and is almost always the best type of insurance for 80% of the nation.

Many of the readers of this site fall into that 20%. If you're working at SV rates and aren't maxing out your 401(k) you're assuredly doing it wrong. If you are and want to save more, then whole life is an option worth researching.