It depends on your individual situation ...

Your life insurance needs may change when you reach your retirement years. It's important to reflect and determine if you still need your life insurance plans.

Life insurance offers a combination of benefits when you pass away and while you're still alive. These benefits can have long-lasting impacts for your family, too.

Retirement is the perfect time to simplify your life — and that includes your insurance. But knowing which policies to keep, drop or tweak isn’t always obvious. Some coverage becomes less necessary ...

Know when to get life insurance and when you might want to skip coverage Written By Written by Insurance Staff Writer, WSJ | Buy Side Kimberly Lankford is an insurance staff writer at Buy Side. Edited ...

One rule of thumb is that you'll spend 70%-80% of what you spent before retirement during retirement. Using the 4% rule, you can calculate how much you need to save in total.

When assessing how much life insurance you need, take a systematic approach instead of relying on rules of thumb.