I have been a wealth advisor for over 25 years and consider a large part of my responsibility educating people about financial matters. This article is one I wrote recently for a local publication and I hope you find it of interest.

Taking the Long View

I recently came across an on line age calculator that I think you might find of interest. The website assesses life expectancy based on 40 questions relating to personal lifestyle, family history, and health. After the assessment the site provides hints on weight management, exercise, lifestyle changes and health improvement that may extend your life. Of course it is just a guesstimate but it may give you something to think about. Check out this website, then come back here to read the rest of my article. http://www.livingto100.com
If you are like me, you may be shocked to see an age of 93 or 97 or even 100. We know that living to be 100 wouldn’t be too bad if we had good health and enough money to be independent, pay all of our bills, and have some left over for charity and enjoyment. But living that long without financial resources is not a happy prospect.
Most people don’t give too much thought to longevity beyond planning for retirement and thinking about social security or maybe whether or not they want to move to a warmer climate. Of course now, with global warming, the warmer climate may be coming to us. On a more serious note, the real financial issues with planning for a long life after retirement are these: how much have you saved; inflation; taxes; optimizing your social security; protecting capital while allowing for growth of your investments; health insurance and long term care.
TO BE CONTINUED TOMORROW