Life insurance is a key part of retirement planning. The right coverage not only protects your loved ones but can help to pay for retirement as well. Life insurance can provide tax-advantaged retirement assets, especially if you’ve already maxed out your Roth IRAs and 401(k)s. There are MANY uses of life insurance in planning for both individuals and business owners. This post and video are dedicated solely to why an individual would buy life insurance for his family. See other posts regarding advanced financial planning for life insurance for the high net worth and business owners.