<prompt> Human: CFP recommended I get a whole life policy. Everything I see here says that whole life are basically the worst investment I could have. Not worth it, and a wash. Arent CFPs supposed to have your best interests in mind? They never brought up an IRA or anything like that. Just this policy, a brokerage account and a larger disability insurance policy. She wanted me to do something with ALL my money outside of my normal spending. I wasnt even close to comfortable with that. I feel like they are just sharking my new wealth and taking my money as fees... CFP works for Northwestern Mutual. The more I look at it, I could just put the money from my whole life into an IRA and buy a life insurance policy for a small amount per month. If I end up wanting to cancel the policy, does anyone have any suggestions on how to do it? I know itll take a loss on what Ive deposited, but its only been a few months.Update: I canceled my meeting with my FP for Wednesday - my work schedule changed, and the meeting would have been pointless, as many of you had pointed out. Then I called NWM to cancel the policy. Within 90 seconds of ending my phone call with the customer service line I got a phone call from the agent. She left a message and acted like she didnt know I had canceled and was asking me to reschedule my meeting, saying she missed my call that never happened. She has also replied to my email previously which I said that I didnt need to reschedule the meeting. She also brought up specifics about her life currently - that had NOTHING to do with anything, which I felt was more of a guilt trip than anything. Shortly after that, her underwriter texted me, saying they got the cancellation and that they wanted me to meet with the financial planner before or after work to figure out why I canceled. I made the right choice. Thanks rpersonalfinanceAssistant: CFP works for Northwestern Mutual.Theres the answer. A CFP who works for an insurance company is undoubtedly compensated more for pushing their overpriced products like whole life, bigger disability, etc.You should cancel the insurance policy either call CFP or 800 number of the issuer, realize it is a sunk cost. If you have dependents who depend on your income, buy a term life insurance policy not necessarily from Northwestern Mutual instead.If you are uncomfortable managing your own money, find another CFP who is independent, and charges on a fee only basis.Human: Thank you. It makes sense. She had me hook line and sinker. Any idea how much a fee only CFP should run? Like 500?  <response>: About 175hour in my area. 