Planning for a Century: The New Retirement Reality
Update: 2025-12-12
Description
As the number of centenarians skyrockets, rethinking retirement planning is essential. Experts predict over four hundred thousand Americans will live to one hundred or beyond by 2054. Financial planners advise preparing for a retirement that could last thirty to forty years, suggesting strategies like delaying Social Security benefits and working a few extra years. Optimizing assets, converting traditional accounts to Roth IRAs, and considering long-term care insurance are also crucial. Embrace a proactive approach to finances and health for a fulfilling extended retirement.
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