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Remember, as you approach retirement and as you live in retirement, every dollar spent on life insurance, is a dollar less for your day to day cost of living.
And if you miscalculate, and cannot continue the insurance, then the money you spent, thinking it would serve a need later, is wasted.
Providing you weigh the cost and your ability to pay it, versus the other costs of living, and you have the money for life insurance, I would not argue against it.
But I also wouldn't argue against you spending it on chocolate.
And if you miscalculate, and cannot continue the insurance, then the money you spent, thinking it would serve a need later, is wasted.
Providing you weigh the cost and your ability to pay it, versus the other costs of living, and you have the money for life insurance, I would not argue against it.
But I also wouldn't argue against you spending it on chocolate.