Retirement - Question 55

What can I do so that I don’t outlive my retirement’s sets?

This is the #1 concern for most investors. People are living longer and longer, and they're rightly afraid that they might outlive their savings.

To put it in a nutshell, if you can ensure that your retirement assets grow faster than the rate of inflation, then you will never outlive your retirement assets.

One way to ensure that you will not outlive your retirement assets is to have long-term health care insurance, so that your assets are not depleted in order to provide living expenses in case you’re ill or incapacitated. You need to get this insurance while you are healthy and insurable.