A 2019 survey by AIG Life & Retirement revealed a surprising 53 percent of respondents had living to 100 as a goal. Today, more Americans than ever are reaching this goal. According to Wikipedia, there are nearly 1400 centenarians in the US alone—a number that has more than doubled in less than a decade. With continued medical breakthroughs, we expect this number to keep growing!
This may be good news for some, but for others, longevity presents financial challenges. According to Forbes.com, running out of money in the future is the #1 financial fear for Americans. As a matter of fact, most people are more afraid of running out of money than they are of dying!
Fortunately, it doesn’t have to be that way. With some proactive thinking and the right strategies, you can have confidence your money will last as long as you do. In this article, we’ll give you five strategies for greater cash flow and confidence as you age.
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