• Question
  • Do I have enough to live 25 yrs in Retirement?

    Asked by a 68 year old man from Sioux Falls, SD on 7/3/2012

    Do I have enough to live 25 yrs

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  • Categories: Retirement Planning, How Much Do I Need?

Answers

  • Editorial 

    Editorial 
    NewRetirement

    San Francisco, CA

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  • We hope that the NewRetirement Retirement Calculator gave you reliable answers to your question about how long your money will last in retirement.

    https://www.newretirement.com/retirement-calculator/default.aspx

    However, 25 years is a very long time to live in retirement -- especially with rising healthcare costs. Very few people are adequately prepared.

    Some of the best ways to insure a secure retirement include:

    -- Working longer or having a job in retirement
    http://www.newretirement.com/Services/Working_In_Retirement.aspx

    -- Utilizing home equity to help fund retirement by downsizing or securing a Reverse Mortgage:
    https://www.newretirement.com/Services/Reverse_Mortgage_Calculator.aspx

    -- Delaying the start of Social Security to maximize monthly benefits:
    https://www.newretirement.com/social-security-marketplace.aspx

  • Login to rate this answer:   Answered on 7/7/2012
**All above answers are provided as general information only. No warranty is made regarding the fitness or accuracy of the information provided in this answer. You should seek advice from a licensed CPA, attorney or CERTIFIED FINANCIAL PLANNER™ as to your unique financial situation.