Treatment of Whole Life
I bought a whole life policy in the '80s. The terms of the contract provided that after a certain number of years I stop paying premiums as the earnings of policy will be sufficient to pay them and increase the amount of insurance yearly. As a consequence I do not pay premiums and I have a Cash Surrender Value that does grow yearly.
In your program you recommend that I not have a whole life policy. Fair enough, I wouldn't buy a new one today. On the other hand I see no reason to get rid of the current policy where I do not pay a premium as long as the death benefit is higher than the Cash Surrender Value.
My question. How does ESPlanner handle the CSV of a policy it recommends I don't have. Its hard to follow where that cash ends up in the reports.