Did You Know?
Your retirement journey could last longer than you think. 1Recent statistics show individuals and couples are expected to live beyond age 88 and married couples have a 50% chance one spouse will live to age 94!
Although no one really knows how long they will live, it’s important to be prepared for a long life and the challenges that may come with it. Two significant challenges retirees may face are:
- Retirement money lasting for 30 years or more
- The potential cost of an extended need for long-term care
At Capitol Wealth Management, we specialize in helping retirees plan for a long retirement and employ strategies that can help you determine a sustainable withdrawal rate. We can help you analyze your need for long-term care coverage and, if needed, help you get the appropriate insurance to safeguard your retirement.
Concerned about running out of money during retirement? Worried about the risks associated with a need for long-term care? We’d love to help you make the most of your retirement years. Contact us at tim@capitolwm.com.
1University of Southern California’s Master of Arts in Gerontology (MAG) and Master of Aging Services Management (MASM) online program