Do you need life insurance after 65

Whether you need life insurance after 65 depends on your individual circumstances. If you have dependents or financial obligations that would continue after your passing, having life insurance can provide them with financial security. Additionally, it can help cover funeral expenses and any outstanding debts you may leave behind. However, if you have sufficient savings, minimal financial responsibilities, and your family is financially independent, life insurance might be less critical. It’s recommended to assess your situation, consider your financial goals, and consult with a financial advisor to determine if life insurance is necessary for you after the age of 65.