<prompt> Human: Im 25, not married, currently make 50k a year. Last year I decided I had no idea how to start being financially responsible, so I started talking with my fathers financial advisor. He helped me navigate creating an actual budget, set up retirement account contributions, and be on what I still believe to be a decent path towards being financially responsible for my current and future circumstances. I did however get talked into a 75k whole life insurance policy at 48.15month. Ive only been paying into it for 8 months, so if this is a 385 life lesson then so be it. Ive read a multitude of threads on rpf that explain why these policies are bad, why term policies make more sense if you actually need life insurance, etc. But there are a few things I still feel hazy about.Obviously insurance premiums rise as you get older. Does it not make sense to lock in a lower rate whole life policy when you are young? The normal argument I see is that by the time the rates increase too dramatically your kids should be grown and on their own, so you really just need to think of your spouse at that point. But does it not make sense to lock in a policy with a small amount of coverage 100k and supplement the rest of the insurance you need throughout your life with term policies? That way, once the term policy ends after age 60 you would still have some coverage without having to foot a much larger premium. This was my thought process when I signed the paperwork, but you guys seem to have a true hatred for whole life ins. Can you explain why this isnt the way to go?Assistant: While internalizing the relatively inexpensive lesson to not buy Whole Life, dont forget to fire your advisor who either knowingly gave you bad advice in return for great commissions, or is too stupid to be an advisor.Human: I absolutely agree with you. At the time I felt like I needed direction, but it was hard finding an advisor who would take a client with 200k in assets. I started talking to my dads guy cause he cut me some slack in that department. I definitely know more now than I did then, so I think I feel okay with the idea of cutting him out and either finding a newer more competent advisor, or even just waiting a few years till I have more wiggle room as to who would take me on as a client.  <response>: You dont really need a financial advisor right now. 