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May 20, 2019
9:07
:35
am
Cosmodiar
All-American
Less about age and more about economic condition. I'll stop buying life insurance when my death would no longer
be an economic burden on my wife and family.
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Cosmodiar
Previous username
Cozmodiar
Bio page
Cosmodiar
Joined
Jun 27, 2002
Last login
May 6, 2024
Total posts
13,245 (4,529 FO)
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Messages
Author
Time
POLL: At what age do you drop life insurance / not worry about having it?
Richbyu
5/20/19 9:05am
Less about age and more about economic condition. I'll stop buying life insurance when my death would no longer
Cosmodiar
5/20/19 9:07am
I thought life insurance was insanely expensive if you are old, though.
Richbyu
5/20/19 9:08am
Depends on what type of policy. My term policy is locked in at my current rate.
chago04
5/20/19 9:15am
Doesn't need to be. As you age your rates go up but the amount you need should decrease.
kccougar
5/20/19 9:23am
This is my approach as well.
Eddie
5/20/19 9:10am
When you can die without your family being negatively affected financially
KingDave
5/20/19 9:10am
When my term expires and it gets insanely expensive
LaserCoug
5/20/19 9:15am
My grandpa kept life insurance to pay the inheritance tax after he passed so we
Kauai
5/20/19 9:16am
Whole or term?
kccougar
5/20/19 9:20am
Term
Richbyu
5/20/19 9:21am
If you have adequate savings for retirement, and don’t have young kids at home,
chilango
5/20/19 9:21am
When your income is no longer dependent on you working.
Sooner Cougar
5/20/19 9:55am
^^^BINGO^^^ Multiple streams of passive income beats insurance policies...
CougarThug
5/20/19 10:21am
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