I got a life insurance quote yesterday and it appears the people at the agency are willing to bet $500,000 of their money versus $13,075 of my money (or 38-1 odds) that I will live past age 62.
(I know they could earn interest on my money, but in order to turn $13,075 into $500,000 they would need to earn close to 90% on the money each year)
They must not read this blog.
