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Listen to Money Wisdom with Jake Doser, CFP®, CPWA® and Nicholas J. Colantuono, CFP® and gain key financial insights to help you make informed decisions for your future. Jake and Nick aim to provide clarity and guidance, addressing your questions and shining a light on the real financial challenges facing today’s retirees.

Nov 24, 2023

We’re with Matt Pastor, a financial advisor on our team, to talk about life insurance and the need for it in retirement. Once you’ve earned enough to take care of your family and the kids are through college, do you still need to carry that policy? This is a great question and the answer will vary from person to person depending on your needs.

 

Here’s some of what we discuss in this episode:

  • Some of the considerations we make with life insurance in retirement.
  • A case where we would tell someone they probably need to keep life insurance.
  • Can life insurance help replace a pension?
  • How can you use life insurance as an income strategy?
  • If you have a policy now, what should you do?

 

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