Financial Planning, Retirement

Will You Outlive Your Assets when you Retire?

Here’s an alarming article that says 3 out of 5 Americans who are approaching retirement age are in danger of outliving their assets without increasing their rate of savings immediately.

The article also discusses life annuities, and a bill before Congress to relieve some of the tax associated with these annuities.

Articles are good at giving general advice, but to find out how your situation will look when you retire, it’s best to work with an experienced financial planner. In the meantime, you can visit our Financial Calculator page.