<prompt> Human: UPDATE: thanks so much for everyones help! I spoke with my mother this afternoon and ultimately could not sell her on keeping everything in the 529. However, after a long discussion, we agreed that this plan cannot be the only option, and that if shes going to invest in my kids future, she should invest in both. In the mean time, Ill keep investing in Vanguard. Hopefully I wont end up totally right in 15 years.Original:My mother has been won over by a method of investing focused on cash flow. Theres a specific company she follows- I cant find it now, but its very buzzword heavy and, in the few instances shes shared it with me, Ive been unimpressed I work in Corporate Finance. Example: they talk about paying down debt and how you can take the money you would have used to pay those debts and invest it. However, it doesnt even attempt to explain where the money to pay those debts comes from, and how investing that money and keeping the debt might be a more prudent decision.Lately shes been focused on universal life. Shes planning to take all of my childrens her grandchildrens 529 investments the money shes invested, anyway and move them out of a Vanguard Index fund and into a universal life policy.With this background, help me understand why this is a good or bad idea. My mom is very bright, but has really only started to take an interest in personal finance in the past couple years, since my dad also a career finance guy has become too old to do it for them.I dont know much about this stuff, but the resources she keeps sending me scream Sucker, and Ive heard bad things about non term life my entire life Im firmly a term life guy. I dont want my mom getting bilked, especially on my kids future investments, but I need evidence that this isnt the way to go to convince her not to do it.She wants to come over later today to talk about it. What resources should I read and share with her?Please help!EDIT: not scammed- bad choice of words. Is my mom being led to make a very poor financial decision?Assistant: If its not a scam its really bad financial management. How old is mom any chance she starting to suffer some mental decline from ageHuman: Shes 57 - Its not mental decline, just ignorance. And fair enough- scam isnt the right word. I dont think its anything illegal; no more than every single insurance agent trying to sell you whole life. I believe that everything shes being told is honest and accurate. Its just not the best option and there are probably pitfalls theyre not mentioning.  <response>: Actually I do believe it could be a little bit of a scam but you need to nip this in the bud quickly or shes going to go through years of hard work in short order 