Surrender whole life policy?

I got suckered into two whole life policies which were opened in 2021 and 2022. Realizing the premiums were ridiculously expensive with a low return. I asked our “financial advisor” at Northwestern Mutual if I could lower the premiums or just surrender. He recommended not to surrender and that he built flexibility into the policies to lower and increase premiums when needed. The inforce illustration reflects the new premiums (looks like he blended the two policies?) I’ve already locked in a term policy since I do have a need for life insurance.

For context, I’m currently at home with the kids for the next 1-2 years. My husband has three WL policies (yes we got duped big time), maxes our 401k, Roth (will be over income limit this year), HSAs, we invest in taxable accounts, and have an emergency fund. Just wanted to share the overall picture of our finances.

Is this policy even worth salvaging or is it time to take the loss and walk away?

submitted by /u/Left_Unit_3358
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