Independence Assurance for Retiring Baby BoomersSubmitted by Reby Advisors | Certified Financial Planners | Danbury, CT on March 10th, 2016
The most recent edition of our Quarterly Newsletter featured an article titled, "Aging and Your Financial Plan," where we discussed the good news/bad news future for retiring Baby Boomers.
The good news is that we're living longer!
The bad news is that the longer you live, the harder it is to avoid running out of money, and the more likely it becomes that you'll have to pay for a major healthcare expense at some point in your lifetime.
This topic is so critical that it's on our Lifestyle Sustainability Scorecard, our signature financial planning tool that measures how well you're minimizing the risks to your family's lifestyle. We call this section of the Scorecard Independence Assurance, your ability to avoid becoming a burden to your loved ones.
Future newsletters this year will address this issue in depth.