Quote:
Originally Posted by Rain Man
That's a good point.
I don't have kids, so at some point when the house is paid off and maybe when I'm retired I'm thinking maybe I'll drop my life insurance down to cover funeral costs alone. As long as my wife is comfortable on what we've saved, is there any reason to have life insurance when I'm retired?
|
That is exactly what we just did. No need for any significant life insurance anymore, just another form of socialism. We were paying $200 month premiums on mine, might as well bank it.