Do You Still Need Life Insurance After 65?

Many people assume life insurance is only for the young — but in reality, it can be a powerful part of your retirement plan. Whether you’re aiming to leave a legacy, cover final expenses, or ensure your spouse is financially secure, life insurance after 65 still plays an important role.

Here’s why:

• Final Expenses: Funerals and medical bills can be costly. A small policy can take that burden off your family.

• Spousal Protection: If you rely on two sources of income and one stops, life insurance can replace that support.

• Legacy Planning: Life insurance can be used to leave tax-free funds to children, grandchildren, or charitable causes.

• Long-Term Care Solutions: Some policies now include benefits for chronic illness and care costs.

The key is choosing the right type of policy. Permanent coverage may be more appropriate than term insurance at this stage, and selecting the right amount depends on your unique goals.

-

Key Takeaway: Life insurance isn’t just a safety net — it’s a strategy.

-

Our team can help you understand what kind of life insurance makes sense in retirement, and how it fits with the rest of your plan. Let’s explore your options together — no pressure, no cost.