• Question
  • Now at age 77 I can expect to live to age 100+ and hope to stay active and healthy, and able to

    Asked by a 83 year old woman from Philadelphia, PA on 3/6/2013

    Now at age 77 I can expect to live to age 100+ and hope to stay active and healthy, and able to afford myself until death.

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  • Categories: Retirement Planning, Guaranteeing Income

Answers

  • Editorial 

    Editorial 
    NewRetirement

    San Francisco, CA

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  • I like that concept: "affording yourself until death."

    Guaranteeing enough retirement income to cover your necessary expenses for as long as you live -- no matter how long that will be -- is indeed the most important aspect of retirement planning.

    Guaranteed income can come from:
    --> Lifetime annuities
    --> Annuitized reverse mortgage payments
    --> Adequate savings and careful asset allocation with a specific withdrawal strategy
    --> Social Security
    --> Some pensions

    A financial planner can be an excellent resource for helping you to guarantee adequate lifetime income. Get a free initial consultation with a prescreened advisor: https://www.newretirement.com/free-retirement-consultation.aspx

    We wish you all the best!
    http://www.NewRetirement.com

  • Login to rate this answer:   Answered on 6/4/2013
**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.