tmvijai - I think you are probably right but what you say applies to a very small percentage of Americans. Really, how many people are maxing out both their 401ks and their Roths, have adequate term life insurance, a 6-8 month liquid emergency fund, other short term savings for things like vacations and such, college funds for the kids, no consumer debt besides a mortgage and still have money they are looking to invest? Maybe 10% of the population and probably less than that. But to hear the insurance salesmen talk, you'd think everyone should have whole life insurance.
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Steve
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* Despite the high cost of living, it remains very popular.
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