Longevity Risk – How Long Will Your Money Last?
Retirement-Toolbox Video discusses Longevity Risk.
Longevity risk. If you retire in your 60s or 70s, your money has to last you 30 years or more. Many people run out of money 7 to 10 years into retirement.
- Withdraw too much money in the early years of retirement
- Heavy taxation of retirement plans were not considered
- Risky investments caused big stock market losses.
- Did not save enough
How Long Will Your Money Last? Will You Outlive Your Income?
Our 3 Safe Income Strategies are focused on keeping your money safe, generating a steady reliable income you can count on, paying more than BankCDs, Money Markets & Treasuries, without the downside risk & yo-yo volatility of stocks, bonds, mutual funds or commodities.
These Strategies work. During the Financial market melt down of 2008 & 2009, when many people saw their IRAs, 401(k)s & other retirement savings cut in half, none of our clients lost money using these strategies.
Their money was safe & secure, their income steady & reliable.