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Re: Life Insurance
[Re: RandyC]
#3614794
02/18/22 01:25 PM
02/18/22 01:25 PM
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Joined: Jan 2017
Posts: 4,721
Lower Alabama
Andalusia
10 point
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10 point
Joined: Jan 2017
Posts: 4,721
Lower Alabama
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I bought a 15 year term life insurance policy in 2011. Its now 2022 and I am 62. It was always my feeling that once my kids were out of college and I was of retirement age that I wouldn't need life insurance any longer.
I am curious why I would need life insurance after retirement. Am I seeing it wrong? If your dependents can survive on your savings comfortably, then you don't need it. If you need it to pay off mortgage/debt/supplement savings then keep it.
"It is the mark of an educated mind to be able to entertain a thought without accepting it"
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