re: Term or Whole? Insurance

Why not both?

You don't have to be super wealthy to get WL. Yes, it is more expensive than term, but if you are actually investing the difference, you are paying the same amount anyways.

Now, if you are down to getting your death benefit in term and that is all you can spend, or spending that amount in WL, then go term.

Where did you get the $1M number from? Have you don't an actual death benefit calculation? L30 may be a good choice, but a corresponding term 80 policy may actually be cheaper over the 30 years, I'd have to look at the actual numbers, but jus something else to think about.