<prompt> Human: My GF has just told me that shes been paying 600 a month towards life insurance. She is on the 65 life plan. She has been doing this for 6 years already. So if I did my math correctly, it means she has put 43200 into this already. She said she has this cash value of 1,800 EDIT: 18,000 whatever that means, I think it has something to do with money she can take out?They got to her as soon as she graduated. She feels like she got took. But was too afraid to cancel before because of taking a hit.She has a brother who is financially well off. If we decide to get married, im financially in a good place as well. Nobody around her will be screwed if she dies without leaving anything behind. She does plan to buy a house with a mortgage in the future though.Shes a pharmacist that makes over 120k a year and is 30 years old.Now I dont think she would mind cancelling the plan and just taking the hit but is it financially smart? Or is she so far in that she should just stick with it?PLEASE HELP. we want to mitigate the loss as soon as possible if we decide to cancel. Thanks for any help.edit: cash value is 18,000 and not 1,800. Sorry about that.UPDATE 1: so we went to meet with the financial advisor from NWM and it basically went how i expected it to go. this is what i got out of it. there are better ways to maximize your returns but for someone who isnt that good with money and doesnt know how to invest at all, this is a decent way to package death and investment from a heavily front loaded package. with that being said. If she maintains this plan, by age 60, shell have a cash value of over 400,000 and also a death payout of over 1million. by age 60, shell have put into the plan about 200,000ish. its a 2x gain over 30 years. shes already putting 10 into 401k matched up to 6. shes got some savings on top of that.so my question is, is the money better spent on term life and then put the rest into the stock market? or should she continue with whole life?  <response>: To mitigate the loss ASAP, you need to be aware of the sunk cost fallacy and cancel this plan right away. Unless she discovered a health issue that will make her uninsurable or more expensive than 600 for term plans for the rest of her life. 