Egmail,
Just to follow-up on this thread...

I concur with Dave that your life insurance need appears to be questionable at this point. The purpose of life insurance is to help replace a financial loss that others would experience if you died. For example, if you had a spouse and/or children dependent on your income, your death would mean a significant financial loss for them, and thus insurance can help replace this loss. Note that this is VERY different than a Will. A Will distributes the property that you owned when you died. If you die and thus can no longer earn income in the future, that future financial value is lost; you can't bequeath it in your Will, because you hadn't earned it yet. That's what life insurance is meant to replace. The only reason you might even consider life insurance is to purchase it now while the rates are low (because you're young and healthy), but that's still a little bit of a stretch unless you anticipate marrying and/or having dependents very soon.

I concur with Dave's other comments as well... the Roth IRA seems quite appropriate, and although the CD is a fine vehicle for short-term savings you should be cautious about potential CD early withdrawal penalties if you really might need the money soon.

I hope that helps a little!