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Do I still need life insurance?
Do I still need life insurance? I'm 61 and my $500K term life insurance policy expires in a few months. My 2 kids are finishing up college in 2025, and will graduate debt free. Wife and I make over $300K combined, have about $1.2M in our 401Ks and about $200K in savings and mutual funds. We have less than $150K left on our mortgage at 3.5%, with no other debt. We each have lif...
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