I am in my mid 20's and am the father of a young family. Would it be better for me to invest in a whole life insurance plan with expensive premiums and a cash surrender value to help supplement retirement or invest in a term life plan and max out my 401k every year? I have been stewing over this question for the last six months and I have not been able to get a good feel for what would be a better course of action for retirement. Please let me know your opinions and advice. Thanks.