re: My Whole Life Ins. situation and advice request

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This thread got me looking into my own whole life policy. High earning medical professional, and someone I thought I trusted has me paying $25,000/year in a lump sum once a year into a Variable Universal Life Insurance Policy through Lincoln Financial.

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A Variable Universal Life policy and a whole life policy are two different things but they frick you just as hard as the other.

If I could name one policy worse than a whole life policy, it would be a universal life policy. In the 12 years I've been doing this, I have sold a grand total of ZERO universal life policies and the reason is because they will frick you long and hard but you won't realize it until years, maybe decades, down the road. Get out of that shite now. Seriously. Your premiums are NOT fixed and it is NOT a permanent policy. Each year you get older the cost of insuring your life increases and if you continue paying the same amount each month, you're going to have the difference come from your cash value. Eventually you'll get a notice from Lincoln Financial (which is a great company, by the way) saying that you will need to start paying way more than before if you want to keep the policy. This only gets worse with bad economies/markets.

Same advice applies to you as to the OP -- get out of it and go term then invest the rest into an actual investment product that's designed to make you money instead of the insurance company.