Will Your Retirement Plan Be Good Enough?
How much thought have you given to your retirement plan? For many of us, probably not quite enough. Retiring in today's financial environment requires more planning than it did for generations past. We live in a more complex world, not only financially, but technologically as well. Extended life spans, increased costs of living, and reduced employer benefits, are just a few factors making it more difficult for Americans to secure their futures.
A man reaching 65 today can expect to live, on average, until 84.3. A woman turning 65 today can expect to live, on average, until 86.6. Additionally, about one out of every four 65-year-olds will live past 90, and one out of ten 65-year-olds will live past 95.1.
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