Whether you are a few days or many years away from retirement,
establishing a detailed retirement plan is necessary to ensure your
retirement is financially secure.
Although you likely have spent much of your career making quick
decisions, taking calculated business risks and making them pay
off, failing to take time to establish a retirement plan could be
devastating for you and your family.
A larger percentage of the U.S. population is living until
retirement age (commonly 65) compared with previous generations,
and a larger percentage is living longer during retirement, as
well. According to the Internal Revenue Service's Table 90CM, which
lists recent life expectancy data, a 65-year-old member of a
married couple is expected to live an additional 23.3 years, or
almost to age 89. This is longer than previous generations' life
expectancies by about five years and can place significant
financial burdens on an already...
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