Life Insurance for retirees
I used to have company life insurance. I’m 69 and just lost my job. Should I but my own life insurance now? If so, term or whole life?
Terry Says
Not unless someone is depending on you for support when you die. At this stage of life, life insurance is very expensive. You’d be better off living frugally and making sure you have enough money for your lifetime, than making someone else rich after you die!
