You’ve reach your golden years, and you are basking in the glory of retirement. Your mortgage is paid off, and you are living comfortably on your pension. There’s no need to maintain your life insurance policy any longer, right? Not so fast! As a result of today’s unsteady economy, there is still plenty of reason to maintain life insurance after retirement. In recent years, there has been a slow, but steady, rise in the cost of final expenses, everyday living expenses and long-term care; the perfect equation for mounting post-retirement financial woes.