Assuming equivalent investment returns, because of the way the polices are written, it takes a lot longer for a whole life policy to accumulate significant cash value (often 12 - 15 years) than if you invested on your own.
Not exact matches
For analysis purposes, I
assume a cash
equivalent such as TIPS, but in reality, you should buy more of your
investments as you go along.
In the case of an
investment property, that income could be in the form of rent; in an owner - occupied building, it could be an
assumed rent (or rent saved) based on what it would cost the owner to lease
equivalent space.