The Motley Fool has a recent article covering life insurance and disability insurance especially as regards retirement. The gist of the article is that events can occur that can block the full funding of retirement. The two events discussed are premature death and the effects of this on one’s family and disability and the effect on one’s income.
The article recommends getting adequate life insurance and disability insurance.
From the article regarding life insurance: “The real key is to provide your family with enough protection to give them the widest flexibility in rebuilding their lives without you. Facing the grief of your loss will be tough enough without tough financial decisions to make at the same time.”
About disability insurance: “The essential aspect is to make sure it will continue providing income as long as you need it. For most people, that means a policy that will pay you until you would have retired.”