In this episode, Dave Zaegel discusses the use of life insurance in retirement planning, specifically in relation to pension payouts. He explains the reasons why someone might want to keep a life insurance policy in retirement, such as health issues or the desire to leave a financial legacy. Dave then explores how life insurance can be used to enhance pension payouts, providing an example to illustrate the concept. He emphasizes the importance of evaluating different payout options and considering one's health when considering life insurance in retirement planning.   Takeaways Life insurance can still be beneficial in retirement, even if there is no income to protect. Health issues can be a reason to keep a life insurance policy in retirement. Life insurance can be used to enhance pension payouts by using the difference in payout amounts to purchase a policy. Evaluating different payout options and considering one's health is crucial when considering life insurance in retirement planning.   Chapters