You always want to pack your parachute before you jump out of the plane since you can’t do it later! But one thing you may not know: it’s possible to purchase life insurance and get all your money back later when your family no longer needs that kind of protection.

Life insurance is a great place to put your ‘safe’ money, earning around 5% interest (compared to .5% at a bank). Not only that, there are no taxes on the growth of that investment.