You can save a boat load of money by re-evaluating your life insurance needs once you retire.
If you do, you’ll probably find that you need a whole lot less insurance after you retire than you needed while you were working. In many cases, you’ll discover that you won’t need life insurance at all during retirement.
So Do I Need Life Insurance in Retirement?
The Purpose Of Life Insurance is the Key
Counter to what many life insurance agents tell you, life insurance isn’t an investment.
Insurance is a financial tool and nothing more.