“On the surface, retirement planning hasn’t changed all that much over the years. You work, you save and then you retire. But while the mechanics may be the same, today’s savers are facing some challenges that previous generations didn’t have to worry about,” says a recent CNBC article. We’ve touched on some of those challenges before. One significant change in recent years, that you’ll have to factor into your retirement strategy, is that life expectancy is up. People are living longer on average, and as a result, their savings might not last them the rest of their retirement. This is a concern known as “Longevity Risk.” If you’re worried about this, contact us. We can offer products that generate income for life.
We’re open for business despite this virus because no one should have financial concerns on top of health concerns. You can’t quarantine your retirement. We are here to help.
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Messina’s Wealth Management, LLC MS Lic #1503388
Messina’s Wealth Management, LLC
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