<prompt> Human: From what I was told at my financial advisor, if I dont need to take money out for at least 7 years, my dividends will match my yearly contribution. Im getting compound interest and it appears there are good benefits like being able to take money out after the 7 years, plus having a death benefit to my family. What do you guys think about life insurance vs. another investmentretirement vehicle?  <response>: Life insurance is not an investment vehicle. If your family would face hardship with the loss of your income, then get a term life insurance policy.Invest the difference between what you would pay for the whole life insurance and what you will pay for the term life insurance into a Roth IRA. You can still withdraw the contributions if you need to, and if you dont, then that money grows tax free through retirement.Compound interest is not some special benefit of a whole life insurance policy. It is what you get when you invest and the gains from your investment in turn generate their own gains. You get much, much less of it in a whole life insurance policy then you would from many other investments. 