Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

Should I purchase a whole life insurance policy? (I am close to retirement)
There's nothing new about Whole Life Insurance. The agent stands to earn a pretty hefty commission if he can sell it to you. I don't think your assets warrant using it for avoiding the taxes that would be due on a larger estate. I don't see a compelling reason to buy it.