I have a 20 year endowment that my parents bought for me since I was young. Should I continue on holding to it if I want to invest instead?

You should definitely hold it!

most endowment policies breakeven only near the end of the policy term. If you parents had been paying it for you; it means your ROI is much higher than you would've already done it yourself.

that's even better returns than jumping into the market if you have no knowledge an experience as yet since its more or less guaranteed.​​​

Hey there!

In general, $2000 a year will equate to proxy $180 a month. If you are earning proxy salary range of $2,000-$3000 a month, that will be less than 10% of your salary. For a guaranteed payout with interest + potential bonuses, you prolly should hold onto it if its ending soon.

Your investment doesnt have to be separate from your endowment too; its good to have a guaranteed and variable stream of income.

Financial planning is an integral part of life. You can reach me here to find out more.

Better not surrender when it has been in force. Discuss with your agent or speak to the company what can be done to help you with this period.

If you are unable to fund it, the policy should have sufficient premiums to "pay itself" through an automatic premium loan feature. Through this, given the few years left, the return will still be better than an outright surrender.

Request for a revised policy benefit illustration, one with full payment and one with APL. Compare both and assess your options.