<prompt> Human: Im a 24 year old entrepreneur, and had a very successful last year. A little over 1M. I do not know much about investing, but Im trying to divvy up my earnings into investment strategies.I currently have a SEP and another account with 100k, both on Wealthfront.Ive had two people suggest Life Insurance, one being a friend who works as a Financial Advisor. My business partner has a habit of having meetings without the full intent of following through, and I got wrapped up in the entire process. They have suggested an initial deposit of either 50k or 100k. With the anticipation that I start pulling out money come retirement.Im wary of throwing my money into an illiquid investment vehicle, but I do understand that I need to have some long-term accounts active. I also know that commissions are in play here, and I dont want to be used as a money sign to Financial Advisors.I live a pretty cheap lifestyle compared to my earnings, so Im also playing around with another 300k not including my emergency fund.Also, I dont anticipate my earnings to be this high in the future - I like to spend my money cautiously because of this.Since its a decision Im expected to make soon, Im looking for an unbiased opinion about Life Insurance for someone in my situation. But since I do have a good amount of uninvested capital, I would love any extra input.Thanks!  <response>: The return on life insurance is terrible. Generally the only people who will recommend using insurance as an investment are those who will make money off of the transaction. If you need insurance in order to support your family, get term insurance. Anything else is a waste of money. Invest the premium difference between a whole life and term policy, into mutual funds and youll come out way ahead. 