You should generally stop paying for term life insurance when your financial dependents no longer rely on your income and your total net worth provides sufficient security to cover final expenses and debts. For most people, this is a target reached by their late 60s or early 70s, as mortgages are typically paid off, children are independent, and retirement savings have matured. Maintaining insurance beyond this point is usually unnecessary unless you have specific estate tax concerns or a desire to provide a legacy, in which case a permanent policy might be more appropriate. You should evaluate your need for coverage annually to ensure you are not paying for protection that no longer aligns with your current family and financial obligations.