http://gotoretirement.com/2009/02/life-insurance-strategies-for-baby-boomers/ A Baby Boomer's Journey from Retirement Planning to Retirement Living Thu, 18 Mar 2010 17:39:32 +0000 http://wordpress.org/?v=2.9 hourly 1 http://gotoretirement.com/2009/02/life-insurance-strategies-for-baby-boomers/comment-page-1/#comment-347 The Life Insurer Mon, 16 Feb 2009 20:58:52 +0000 http://gotoretirement.com/?p=809#comment-347 I have seen people let their life insurance policies expire, only to find that it would have been better to have some life insurance in the later years. Many boomers have seen their assets decline in value considerably lately, so the cookie jar might not be as full as it once was. How much of the assets would your family need to liquidate to continue living the lifestyle they are accustomed to? Might be better to keep some life insurance as asset protection. I have seen people let their life insurance policies expire, only to find
that it would have been better to have some life insurance in the later
years. Many boomers have seen their assets decline in value considerably
lately, so the cookie jar might not be as full as it once was. How much of
the assets would your family need to liquidate to continue living the
lifestyle they are accustomed to? Might be better to keep some life
insurance as asset protection.

]]> http://gotoretirement.com/2009/02/life-insurance-strategies-for-baby-boomers/comment-page-1/#comment-275 the weakonomist Wed, 04 Feb 2009 13:46:01 +0000 http://gotoretirement.com/?p=809#comment-275 Because term rates continue to go down, is it always best to let the policy expire? You might be able to find a new policy at a better rate. I'm closer to your son's age than I am to you, so my knowledge on the subject is limited. Because term rates continue to go down, is it always best to let the policy expire? You might be able to find a new policy at a better rate. I’m closer to your son’s age than I am to you, so my knowledge on the subject is limited.

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