
When it comes to preparing for retirement, a holistic approach is imperative. As you map out your golden years, three pivotal considerations stand out: life expectancy, health care costs, and retirement risks. Each plays a significant role in ensuring you have adequate funds to support a comfortable and fulfilling retirement. Let’s delve deeper into each.
1. LIFE EXPECTANCY: PLANNING FOR A LONGER FUTURE
In the 21st century, thanks to advancements in medical science and healthier lifestyles, people are living longer. That’s great news, but it also means we need to plan for extended retirement years.
Understanding the Numbers: The average life expectancy continues to rise. In many...