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Retirement Planning and Longevity Insurance
A very common concern in the minds of so many seniors these days, given Social Security’s muddied long-term future, raging inflation, and the economy in general, is the possibility of outliving accumulated financial resources. To use a popular phrase, “It’s what keeps many folks up at night.” While many face that pervasive concern, there’s one school of thought that might be worthy of consideration as a way to alleviate at least a part of that nagging issue. In a post on kiplinger.com, contributor Jerry Golden offers thoughts on the use of annuities to guard against full depletion of financial resources. Check out his post here.