Longevity risk presents a significant challenge for retirees, with medical advancements potentially extending lifespans and creating decades-long retirements that require careful financial planning.

• Running out of money in retirement is often feared more than death itself
• Life expectancy now averages 79.5 years for men and 82 years for women
• Most retirees now believe they need about $1.5 million to retire comfortably
• Estimate your personal timeline based on health, family history, and lifestyle
• Consider delaying Social Security to age 70 for up to 77% higher payments
• Explore appropriate annuities for guaranteed lifetime income
• Consider adopting a flexible withdrawal strategy with different "buckets" for different time frames
• Consider how market volatility impacts your withdrawal strategy
• Plan for long-term care before you may need it, with 70% of people over 65 likely needing care
• Average nursing home costs can exceed $8,669 per month nationally
• Explore hybrid long-term care and life insurance options
• Consider part-time work or phased retirement for both financial and emotional transition

Schedule a complimentary consultation at MasterPlanRetire.com or call 770-980-9262.

Longevity risk presents a significant challenge for retirees, with medical advancements potentially extending lifespans and creating decades-long retirements that require careful financial planning. &bull; Running out of money in retirement is often feared more than death itself &bull; Life expectancy now averages 79.5 years for men and 82 years for women &bull; Most retirees now believe they need about $1.5 million to retire comfortably &bull; Estimate your personal timeline based on health, family history, and lifestyle &bull; Consider delaying Social Security to age 70 for up to 77% higher payments &bull; Explore appropriate annuities for guaranteed lifetime income &bull; Consider adopting a flexible withdrawal strategy with different "buckets" for different time frames &bull; Consider how market volatility impacts your withdrawal strategy &bull; Plan for long-term care before you may need it, with 70% of people over 65 likely needing care &bull; Average nursing home costs can exceed $8,669 per month nationally &bull; Explore hybrid long-term care and life insurance options &bull; Consider part-time work or phased retirement for both financial and emotional transition Schedule a complimentary consultation at MasterPlanRetire.com or call 770-980-9262.

Miscellaneous audio from Dickey Broadcasting Company - 680 The Fan, Southern Sports Today and The Podcast Park

Miscellaneous audio from Dickey Broadcasting Company - 680 The Fan, Southern Sports Today and The Podcast Park

DBC Audio

The crossroads of business, sports and entertainment.

The crossroads of business, sports and entertainment.