?
when you dont need to support others and you have enough to support yourself?
Basically, when you retire, if done properly, you should have all the money you'll need for the rest of your life. From that point and on, you should have no need for life insurance.
I was thinking sometime in your 50's when everything is pretty much set.
And what if its not?
What if you have a WL policy with good returns?
Then have bigger problems than life insurance.
No such thing. All WL are projected returns and they never materialize.
Despite what most insurance agents will try to tell you, it's not usually a good idea to tie your investments to your LI policy. Unfortunately, most people don't have the discipline to invest properly when they are not "required to" by a WL policy.
The mistake was made over 30 years ago. Now say your policy is increasing over 5% with no premiums due. Would you cash it in?
There are many other factors that need to be evaluated including alternative investment vehicles.