I’ve saved $1M in my 401(k) and hope to retire in 5 years. Will my wife be financially protected if I cancel my life insurance?

Currently, Bob is paying about $150 a month on his life insurance policy. However, if his wife inherits his 401 (k), he ...
Morningstar

I'm 51, married and pay $200 a month for a $1.5 million term life insurance policy. When should I cancel it?

At what stage should I reduce or stop paying for my term life insurance? I am a 51-year-old married man and pay about $200 per month for a $1.5 million policy offered by a private professional group.
Investopedia

Is Your Term Life Insurance a Waste of Money?

Zack Sigel is a writer and editor based in New York City. He has been managing editor at Policygenius and M1 Finance, where he led teams specialized in writing about business and finance, and he has ...