At what age is DHT useless?
Whole life insurance is often considered "worth it" for individuals who are in their 30s or 40s and have established financial stability. At these ages, the premiums are generally more affordable than if you wait until your 50s or 60s, and you gain the advantage of a longer period for the policy's cash value component to accumulate tax-deferred interest. Whole life insurance is typically recommended for those who seek a permanent death benefit and want to use the cash value as a long-term financial tool for legacy planning or supplementary retirement income. Waiting until an older age to purchase whole life insurance makes the premiums significantly more expensive, which can make it less cost-effective as a long-term investment or insurance strategy.
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