Why You Might Still Need Life Insurance in Your 50s and 60s
Aug 03, 2020
3 minutes
The Baby Boomers get credit — and blame — for how they changed work, society and pop culture over the years. Now, with 10,000 Boomers turning 65 every day through 2030, this powerful generation is well on its way to redefining how we plan for retirement, including the role life insurance can play.
Three major forces are driving the changes. First, the obvious. People are living longer. According to the Social Security Administration, a 65-year-old can expect to live 19 to 22 more years, on average, and one in
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