I'm about 4 years out from retirement and have a large non-COLA adjusted pension. I'm selecting the 100% survivor payout because my wife is younger, not astute financially, and she has longevity genes whereas I don't. I do have 2 term policies that expire right at the time that my pension will kick in. If I dropped dead tomorrow, she gets the default 50% payout and the life insurance (tax free). I cannot select 100% until I actually retire. I imagine life insurance for me post 60 given family history would be exorbitant.
Statistics: Posted by Patk89 — Tue Feb 10, 2026 2:50 pm — Replies 33 — Views 930