<prompt> Human: I recently met with a financial adviser friend of a friend to discuss my long term savings goals. 401Ks, IRA, Roth IRAs have been mentioned but they were pushing for a Cash Accumulation Through a life insurance policy TransAmerica to slowly and steadily grow my money.I like the idea of putting my money somewhere where it can grow without being negatively effected for the most part by the stock market BUT ive been reading that unless you have large amounts of money to pour into it early on that Its not that beneficial.Any one have experience with this? Any insight to help someone whos trying to seriously plan for his financial future?  <response>: No, no, no. No weird life insurance policy!!! They were pushing it to you because they make money on it; not you. See the FAQ page on life insurance policies as why to thats not right for you. Start with understanding the 401k your workplace may be offering and then probably start investing in it too! and also look into opening a Roth IRA with Vanguard or Fidelity. They have low fees and diversified index funds. Thats what you need. 