<prompt> Human: I got whole life insurance from aflac today after upgrading from term life insurance. I picked up my fiance and his friend from work and told him what I did. His friend told me I should of stuck with term and use the five extra dollars a month and put it into savings. However, I was told if I stuck with term then by the time Im in my fifties the cost will go up 100 a month. I want to know what will be better in the long run.Sorry if I posted this in the wrong sub. Im on my phone so please excuse any errors  <response>: You should use term life insurance. It is true that if you get term life insurance that halts when you turn, say, 50, then the price goes way up when you buy a new policy starting at age 50. One way around that is to buy term life insurance policy now that halts when you turn 65 or whatever you want. 