Now that we are starting to emerge with no masks, we see that “COVID-19 has accelerated many of the trends that were already challenging the outdated study-work-retire model, as individuals and families, financial services institutions, and policymakers grapple with the issues — and explore the opportunities — of funding lives that now routinely stretch for twenty, twenty-five, or thirty years after traditional retirement age.” We know that a result is “many people are now feeling less secure about their finances and future medical costs due to the pandemic” because of its impact on many facets of the economy. Call us if you are having concerns about your income during retirement, we have some ideas about ways to turn your savings into an income you won’t outlive. We look forward to hearing from you soon.
