<prompt> Human: Hi all,My brother with good intentions recommended us to his Northwestern Mutual financial advisor last year. My brother seemed content with how this advisor has worked for him my brother is single and older. So, my husband and I set up some time to chat. After some initial information gathering, he came back at our next session with an extensive document full of graphs and charts describing what financial tools we should useneeded to build our assets.We are both 24. My husband is prior military, I work in consulting. My husband brings in about 60k a year between housing allowance GI Bill, disability, and his part time job. I make 61k a year in base and 5k in bonuses. Combined, we have about 30k in savings. The NW advisor convinced us to open a Roth IRA in Nov 17. We told him to take 5500 from each of our accounts. However, NW pulled all 11k from my account and the kicker - an EXTRA 5500 by accident for a total of 16,500. Yep, you read that right. They messed up, and all they did was give us my extra 5,500 back and a box of chocolates. My husband and I figure a Roth IRA will be similar no matter where we open it, so the Roth IRA is not the issue for us although the 10,000 due this Nov freaks us out.Admittedly, I should have paid more attention in my finance classes. He sold us on an Adjustable CompLife policy. 100k current cash value 1.47 in coverage for me I have extreme needle phobia, so a blood test was a no-go and 400k current cash value about 158 in benefit for my husband. With Term 80 and Adjusted CL, our monthly payment comes to a whopping 512.41 a month. At the time, we were under the impression that this was to set up the account foolish, we know but it is indeed our monthly payment for the life of the policy.Were currently renting, but bought a 460k house our housing marketing has had nothing but disasters under 350k, and only about 20 listings under 500k that will be completed in Jan or Feb 19. We put about 9700 down in earnest, but owe nothing in down payment or PMI because of our VA loan. We plan to purpose our earnest money towards closing costs when the time comes. Do we really need the Adjusted CL and Term 80? My company provides life insurance at 1x the value of my base salary. We really feel were being made out as fools here, as the cash value is pathetic. I dont have the chart in front of me, but I believe we wouldnt break even until about year 15. Of course if we cancel it, we will have lost about 5k in premiums. I looked up fiduciaries, but they all are quoting us at about 2k to create a financial plan. Were hesitant to lay out that kind of money if were going to lose again.UPDATE 1: I have about 10k in my 401k as well.TL;DR Husband and wife bringing in about 125k a year before taxes with 30k in savings, 460k house being built with VA loanno down payment or PMI, being charged 512.41 a month for Northwestern Mutual Adjustable CompLife and Term 80 with very small current cash value. Do we keep it? Do we kick it?  <response>: Ditch the Northwestern Mutual guy immediately. Since you are building an expensive home that would be unaffordable on either spouses single income you do need some term insurance to cover that risk. Get each of you a 500k term life policy so that in the event of a death the surviving spouse can pay off the house.Beyond that you shouldnt need anymore insurance unless or until you have kids. Keep your investments your insurance separate. 