Michelle Singletary - Remember life insurance is intended as income replacement to help dependent

Remember life insurance is intended as income replacement to help dependents and or/spouse pay for things that your income would have covered. When you get to the point that you're dependents (Your kids mostly) aren't dependent on your income, you could reduce the amount of life insurance you are carrying.

- Michelle Singletary

source: "Color of Money Live". Live chat, live.washingtonpost.com. March 10, 2016.