Afraid Of Outliving Your Retirement Income?
This is one of those “good news, bad news” stories. The good news is that overall we’re living longer and enjoying good health. The bad news is that some of us are going to run out of money before we die.
This is increasingly becoming a major concern for baby boomers just entering their retirement years. In fact, there’s even a financial term for it — “longevity risk!”
“Longevity risk” refers to a potential problem many seniors face: outliving their assets. Statistics show that a 65-year-old man has a 34% chance of living to age 90 and a 17% chance of making it to 95. A 65-year-old woman has a slightly higher longevity risk, with a 44% chance of living to age 90 and a 23% chance of reaching 95.”
The Wall Street Journal, December 18, 2006
This means that at least one out of every five baby boomers could have a retirement that spans three decades. How will you spend your retirement years, if they number in the thirties? Will your retirement savings be able to support your desired lifestyle?
Let me ask you, is it worth 40 minutes of your time to see if you can have more money to spend now and in the future?
Would you like to maximize the money you can get from Social Security?
Would you like to see if you can significantly reduce your income taxes?
Wouldn’t it be nice to stop worrying about running out of money?
Would you like to have more money to do more of the things you have always wanted to do? More trips to see your grandchildren, a new car, more golf, or whatever else you’ve wanted to do!
We are Financial Advisors who specialize in cash flow planning, using not-so-well-known common-sense strategies (more commonly used with the wealthy to accumulate that wealth and keep it) to help you achieve your goals and get you back on the right track!
The best part is: Our retirement planning services are free, with no cost or obligation.