Retirement planning today has taken on many new dimensions that never had to be considered by earlier generations. For one, people are living longer. A person who turns 65 today could be expected to live as many as 20 years in retirement as compared to a retiree in 1950 who lived, on average, an additional 15 years. Longer life spans have created a number of new issues that need to be taken into consideration when planning for retirement.
Today’s technology allows us to model multiple scenarios and possibilities that can impact your ability to retire and maintain your financial independence. We use these tools to help provide our clients with an understanding of what their retirement path may look like and how best to protect what they have worked so hard to build.
For more information on retirement income planning, please contact us today.