Do "Empty Nesters" Need Life Insurance?
Posted: August 13, 2013
Quite possibly. Here are 10 reasons to own life insurance after your kids have left home: To meet goals If your children are in college and/or not completely financially independent, life insurance can help “finish the job.” Although you may have saved enough for tuition, the kids’ living expenses (e.g., room and board, laundry, entertainment/activity costs, etc.) continue, but not Social Security benefit payments for...