I was interested in the comments in this week’s article where it stated that “Higher-earning people tend to live longer” and “For those turning 65 in 2015 (born in 1950), one in five men is expected to live beyond his 90th birthday, while one in five women will still be alive at 93.” While it is always difficult to determine how many years should be taken into account for our life expectancy when we plan for retirement, it is ironic that the good news of living longer is sometimes also viewed as bad news because we will need more money in order to last the rest of our longer lives. We may be able to help you think of only the good news. Call us if you would like to discuss options that can help provide income that will last as long as you do. We’re here to help.
