Do you need them? No.
You missed the opportunity to let them go, however, when the Queen/Charles spent a decade bungling how they handled Diana and the Monarchy fell into disgrace with her death.
Since then, the Queen remodelled herself and a hugely popular Kate & William have ridden into the picture.
You don't have a chance in hell of getting rid of the Monarchy for another 50 or more years if things play out like seems to be happening.
And just to reinforce that trend, I highly doubt Charles will be King.
Cowperson
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Dear Lord, help me to be the kind of person my dog thinks I am. - Anonymous
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