Do You Still Need Life Insurance in Retirement?
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Do You Still Need Life Insurance in Retirement?
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Life insurance has a clear role within a financial plan, but is it worth keeping a policy once you’ve reached retirement and don’t have as much of a need for income replacement?
In the latest episode of the Money Wisdom podcast, Jake Doser, CFP®, CPWA® and Nick Colantuono, CFP® tackle a listener's question about the necessity of life insurance in retirement. We’ll work through the complexities of life insurance policies and discuss the considerations that could help you make informed decisions about your policy.
Want a copy of The Money Map? Text MAP to 800-757-0436 to get one.
Here’s what we discuss in this episode:
0:00 – Intro
0:50 – Today’s question
2:00 – The need for life insurance
4:35 – Types of insurance
6:40 – Considerations
9:09 – Aligning your planning
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