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Reply to "Life Insurance for mid-50s"
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[quote=Anonymous]DH’s term policy will expire shortly after the last child finishes college and the house is paid off. At that point he would have the option to retire although I doubt he will want to do so in his early 50’s. We do not plan to take any more insurance as the reasons for the insurance will not longer exist. I would be more than fine without his income at that point. It just depends on how you’ve set everything else up - if you are still burning through cash like crazy, haven’t saved for college, etc then it’s different. [/quote]
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