How long will your retirement last?
Plenty of advice is available for those approaching retirement, and most of it focuses almost entirely on the financial aspects of your golden years. Mainly, most advisors will tell you, you should strive to build your nest egg as large as you can before you retire, because you’ll need it as a source of income after you retire. But what’s missing from most advice offered is a strategy focused on estimating how long you might expect your retirement to last - in other words, how long will you live after you retire. Of course, there are no guarantees, but this Motley Fool article by Chuck Saletta provides a life expectancy chart which shows, on average, expected longevity for different current ages and, thus, how long your retirement might last. Click here to read more.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.