A woman in her mid-60s is considering whether to cancel a $500,000 life-insurance policy held on her husband, who is also in his 60s and disabled. The couple has paid $100 per month for the policy for 15 years, with 15 years remaining. The policy is set to terminate when the husband turns 80, at which point the woman notes the cost may increase significantly. The woman reports that the couple is financially comfortable and no longer requires the insurance, as their children are grown and independent. However, she expresses a preference to keep the policy because the monthly premium is low and she believes additional funds are always helpful. She is currently the beneficiary of the policy but is considering changing the beneficiaries to their two children. Because her husband is disabled, she makes all decisions regarding the policy, though she notes his disability does not affect his life expectancy. In a separate report, the Bureau of Labor Statistics noted that inflation rose to 4.2% in May, up from 3.8% in April, marking the highest rate in three years. This increase was driven largely by higher energy prices, with the cost of energy rising 23.5% over the previous 12 months and gasoline surging 40.5%. The Federal Reserve has set an annual inflation goal of approximately 2%. Data from the Federal Reserve Bank of New York’s May 2026 Survey of Consumer Expectations indicates that household expectations regarding personal finances and future credit access are deteriorating. To combat the loss of purchasing power, various financial options are cited, including high-yield savings accounts, money market accounts, certificates of deposit, and U.S. Treasury securities such as T-Bonds, T-Bills, and TIPS.