is it a good idea to take out the capital from life insurance for retirement?

Your life insurance may have a large death benefit. Is it a good idea to withdraw the death benefit amount from your life insurance for your retirement? During retirement, many people need a lot of money to pay for their bills and housing, until the end of their days. Significant amounts of money may be required for retirement and the death benefit amount may seem like a good solution. Indeed, life insurance can seem like money that is not being used and would not benefit you now but rather your beneficiaries after your death. A good explanation of life insurance and its death benefits may be in order. The best thing to do is to contact a life insurance broker of « Compare Insurances Online ». They are in the best position to evaluate if it is a wise move to withdraw your death benefits from your life insurance during retirement for other purposes.