<prompt> Human: I have always been a huge advocate for the 529. This afternoon I was informed this was stupid vs a whole life insurance policy for my kids. Can anyone without a financial stake in the matter shed some light. All I want is to due the best by my children and I dont know who to trust.  <response>: Dont know the specifics, but life insurance isnt college savings in my mind. Keep life insurance as something to protect the family if you get hit by a bus, and dont confuse it for an investment. My .02, anyway. Im guessing the guy who called you stupid was an insurance salesman? 