Me and my husband have decided to get life insurance. How we are going to set it up is life…

Me and my husband have decided to get life insurance. How we are going to set it up is life insurance plus cash vaule. By the time we are in our 60's we will have $1.4 million that is tax free cash value (we can save if for retirement or pull out whenever we need it) and $1 million for life insurance. We're excited about it.