<prompt> Human: Hello everyone I have been a long time lurker on here but finally decided to make an account and ask a question. So my wife and I are 25, healthy and homeowners. She is an Obgyn resident and I am a material science PhD student. We make a combined income now of about 75k but when we finish our programs in 3-5 years we will be in the 400k range. What I have been trying to figure out is how we should start saving to set us up for success for when we can save even more of our income.We got in contact with a financial planner who has suggested a whole life insurance policy and using the cash value of that to roll over into a pension type program to assist with the withdrawal from a 401k fund. Is this complete BS and is he just selling us insurance or is this a reasonable long term strategy considering our eventual tax bracket?And in the meantime should we just max out our roth IRA before we can no longer contribute? Or what other accounts or strategies would you suggest. Thank you for your help:  <response>: Trick is to run the other was as soon as you hear the term Whole life. If you are already living frugally enough to max out Roth IRA with 75k then just do that. But if you are that frugal, you will also be frugal with 400k as well. YOu will find other ways at 400k to contribute to Roth accounts. Ask again when you get there. Since you are facing such bright future, I would make sure you have a decent emergency fun, and then enjoy your 20s. Money will clearly come. Make 25 and 26 and 27 memorable. Take some vacations and shit. 