I'm 26 years old and bought a $1,500/month whole life policy -- surrendering will cost me $6,500. Did I get scammed?

Whole life insurance, often marketed as an investment, can be costly and inefficient compared to other options. Experts like Dave Ramsey and Ramit Sethi warn against it, advocating for term life insurance and investing in higher-return vehicles like S&P 500 funds.