When is enough ... you know ... enough?

Dear Dave, I’m 65-years old, and I work parttime. My wife is 59, and she works full-time earning about 0,000 a year. We’re both self-employed, so at what point do we stop buying term life insurance? I have a 0,000 policy, and we have 0,000 in savings. We’re debt-free, except for two car loans that total ,000. Franklin Dear Franklin, Okay, first let’s clean up those car loans. With your combined incomes, plus the money you two have in savings, there’s no reason to have car payments hanging around your necks. Aside from that, you’re in pretty good shape. When...

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