Compared to term life insurance that has no cash value, permanent life insurance can help an individual build savings for retirement in addition to death benefits. (compareinsurancesonline.ca)
Some did pay social - security taxes, but these are actually enforced savings for their retirement years. (firstthings.com)
Look at your spending to figure out where your money is going and if you need to start budgeting so you'll have enough savings for retirement. (gobankingrates.com)