I wasn't familiar with the abbreviation so I had to look it up. Apparently VUL stands for Variable Universal Life. This is almost always a poor choice for investment since you usually end up paying a high sales commission, high yearly expenses, and get a relatively low rate of return on the investment component of the policy. It is generally considered much better for most people to go with a Term Life Insurance policy which is much less expensive and then invest the rest of the money elsewhere. Unfortunately once you are in a universal life policy there may be huge penalties for withdrawing you money so you do not want to withdrawal the funds without a lot of research.Since you seem to want a plan, here is a suggestion on what you should do for now;1) Forget making in long term financial plans for the next six months while you learn more about investing.2) For the next six months invest $500 per month in your 401k. Keep the rest of your spending low and concentrate in paying off the car loan and saving up ample funds outside your retirement accounts.3) For each of the next six months, plan on reading one investing book per month. For now do not worry about stock picking books. You want to read books on personal finance.What books have you read so far?Everyone else. How about some suggestions for basic books. Wishing you well,Greg
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