Tips for planning your retirement: Plan for a long life

LONGMEADOW, Mass. (Mass Appeal) - There are ten things you should know when planning your retirement. Each week we'll share a new tip with you. This week, Dylan Bond, Owner of Bond Financial Services , explained part one to us, plan for a long life.

Bond Financial Services
171 Dwight Rd, Longmeadow, MA 01106
info@bondfinancialservices.com
(413) 754-4747
BondFinancialServices.com
 

10 Things You Should Know When Planning Your Retirement Income:

Tip #1. Plan for a Long Life:

• Social security is not enough when retirement planning.
   
• A couple aged 65 has an 85% chance that at least one of them will live past 85, which means providing for 20 years or more of income once you qualify for Social Security benefits.
   
• The Social Security system wasn't built to sustain that long of a retirement, particularly not for 76 million Baby Boomers.
   
• Women outlive men by about 5 to 6 years.
   
• Married men tend to live longer than single men.

Upcoming Investment Seminars - "7 Fundamental Strategies to NOT Outlive your money":

Designed for people 50 and older with questions about retirement income planning.

Wednesday, February 13th
Leone's Restaurant
320 Cooley St., Springfield

Tuesday, February 19th
La Cucina di Hampden House
1 Allen Street, Hampden

Wednesday, February 27th
La Cucina di Hampden House
1 Allen Street, Hampden

For more information or to make a reservation call (413) 246 - 7608.