<prompt> Human: Got pitched by a Northwestern Mutual FA. Why is this a goodbad decision? I have maybe 1200-1600year to allocate towards this permanent life insurance policy. My living costs are stable. My other investments include:Pension teacher --no 401kRoth IRA maxed403c 200moEdit 1: thank you everyone for your advice! I needed to hear these negatives.  <response>: Its a bad decision. Insurance and investments shouldnt be mixed. When you need insurance, buy insurance. Which will be whenif you have kids, and you should buy term insurance for the 20 years they are dependent on you. NW Mutual is trying to make money, which they do hand over fist with these policies. If you are maxed on retirement accounts, open a taxable brokerage account. 