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The majority of the 30 million pre-retirees are woefully unprepared for retirement––so much so that it might change the essence of retirement and longevity. Advances in the field of medicine and improvements in health conditions overall have led to this trend of longevity. With a longer expected lifespan, what choices will you have to make? Planning for Longevity often suggests building a plan projecting life expectancy to age 100 that secures a quality retirement and:
• McKinsey Study reveals that the average American family will face a savings gap of $250,000 at the time of retirement, roughly about 2/3 of the income it will need. • Nursing home costs for a private room on Long Island now average $141,438 annually • Entitlement programs of Medicare and Social Security are on an unsustainable path, facing strains from an aging population and a tough economy. If you have have not planned for longevity...we have the solutions. Call Les Robinson CLTC 1-800-836-2040 ext 3014
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