I just cashed out a whole life policy for a whopping $1000 my mom started when I was a baby 46 years ago. I've been paying the premiums for the past 30 years and I called and asked what it was worth. It was worth exactly what had been paid in for the past 46 years. No interest and it wasn't $1000. I cashed the puppy out and put the money in my Roth.
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