– when we were young, we always had enough term life insurance to pay off the house and give my wife a little cushion should I die. That way all she would have to earn is enough for food, utilities, and maybe a car payment. (I wanted it to be her choice if she remarried, not something she needed to do to survive)
– as we get older, we reduce our dependency on the term life since our 401K and other retirements have grown, and our mortgage amount has dropped. We still have term life, though I imagine it will end when we are in our 60s somewhere….about the time our mortgage disappears. 🙂
Our colds have been harsher the last few years and recovery periods longer too. We’ve attributed it to growing older in general and having grandkids running around also.
