How to Money · Monday, September 28, 2026
The How To Money podcast addressed listener questions on topics including whether to surrender a cash value life insurance policy, prioritizing a 457b retirement account for early retirement, and how to best save for a down payment on a new home. The hosts discussed the potential impact of cashing out life insurance on student loan payments and the benefits of level term life insurance. They also debated the advantages of a 457b over a Roth IRA for early retirement, and advised caution with down payment savings.
“My question is, am I better off continuing to pay those premiums, which are around $ 54 every three months to maintain the policy, or am I better off moving these funds into my high yield savings account to pad my emergency fund?”
“You can, quote unquote, retire at any age, if you have a 457. And by retire, I mean, like if you have to leave, you have to like part service with that employer.”
“If you're working on a limited timeline, which it sounds like Savannah is, there really isn't much risk you can take on to try and increase this principal amount that won't keep you up at night.”