Life Insurance in Retirement: Do I Still Need It?

Life insurance can be a key component in your financial plan, but it depends on your financial goals, lifestyle, and other circumstances. There are various reasons for why someone should purchase life insurance while they're working, namely to provide for your loved ones if you pass away. But do you need life insurance in retirement? Well, it depends. We're going to review a few reasons for why someone might want to carry life insurance into retirement. Retirement Plan Checklist: https://www.modwm.com/retirement-plan-checklist/?utm_source=AWMS_Pod&utm_medium=AWMS&utm_campaign=life-insurance What Is Longevity Risk?: https://youtu.be/OMoWFA7_NiE Must-Knows for Couples Retirement Planning: https://youtu.be/o4eiAkWGc3k Pension Plans: Defined Benefit vs Defined Contributions: https://youtu.be/NGtjUe7kHO4 Rising Costs of Long-Term Care: https://youtu.be/DxNTbK4UG3U Pros and Cons of Converting to a Roth IRA: https://youtu.be/7T_BaFtK4gg When Is It Time to Stop Saving for Retirement?: https://youtu.be/UEkwSGMA_ZI Start Planning: https://www.modwm.com/retirement-planning-tool/radio/?utm_source=AWMS_Pod&utm_medium=AWMS&utm_campaign=life-insurance Schedule: https://www.modwm.com/meet-with-a-top-financial-advisor-in-kansas-city/?utm_source=AWMS_Pod&utm_medium=AWMS&utm_campaign=life-insurance Check out our other podcast! The Guided Retirement Show: https://www.youtube.com/c/theguidedretirementshow