Retirement Risks: What you should know about Longevity Risk
We all dream of a long and healthy life. Seeing our grandkids graduate from college, marrying, and having children of their own. Ahh, the family legacy is passed on…longevity.
We all dream of a long and healthy life. Seeing our grandkids graduate from college, marrying, and having children of their own. Ahh, the family legacy is passed on…longevity.
Not surprisingly, we all seem to be infatuated with Market Risk, the potential losses of your investments due to those investments losing value. How could you not? After all, at the very least you get a quarterly statement that clearly states the changes in the value of your investments.
If you are planning to retire soon or are already retired, the 2012 Fidelity Investments estimate of retiree health care costs has some valuable information. For instance, a 65 year old couple retiring this year will need $240,000 to cover medical expenses.
The Social Security and Medicare Trustees released their annual report on the status of these important safety nets for the American public. Unlike wine, these programs do not get better with age.
The first quarter of 2012 has come to a close and we recently ushered in the beginning of spring. There are many events to look forward to this time of year -- new blossoms on flowers, seasonal cookouts, warm weather, and the official beginning of the baseball season.
Bowers Advisory Group, LLC is pleased to announce that their new website is now live on the web at www.bowersadvisorygroup.com. The new website, developed by LeftBrain Website Design, was designed with an emphasis on regularly updated content, useful information and features, and a more user-friendly interface.