“Whole life insurance/universal life insurance is a terrible investment because the rate of return is horrible.” We've heard that before. You don't have to wander the interwebs far to find someone peddling this bologna. If you don't believe me, see here, here, here, and here. None of those four authors hold a license to sell life insurance, but I digress.
Though we’ve addressed this statement a few times on the Insurance Pro Blog, I wanted to distill the point many people miss into one simple notion that should be approachable by just about anyone.