We frequently write about longevity and how important it is to have savings we don’t outlive. And while we’ve always striven to give our clients options for products where the income stream continues no matter how long you live, we are still often asked for a ‘number’ so that can be ascribed to someone’s projected longevity, because, after all, there are other things that we may want to plan. A good first step might be to use the Social Security Administration’s Life Expectancy Calculator. Once you’ve taken a look, if you decide you need to move more of your savings into guaranteed lifetime income products, give us a call. We’re always here to help.
