Will you be able to retire comfortably? Many are asking this question in the face of rising expenses, specifically long term care and healthcare. JP Morgan has put together an excellent guide that we're linking below to show those retiring what it can look like and give some confidence (or a nudge!) when planning for the future.
We're highlighting a few slides from the guide here, but if you want the FULL guide, click here.
Deciding when to claim social security is important! We love this graphic as a prompt to help you make the decision.
The stats show that women typically need long term care for longer than men, and we were not surprised to see that 30% spent more than $250,000 on long term care costs!
We loved this slide because it showed the decrease in expenses as one ages, and this is so helpful to see when planning how much you'll need in retirement!
We work with many couples approaching the retirement season of life. As you answer the important questions about how to fund your retirement and what to expect, spend time thinking about your assets and how they will be treated when you pass away.
If you're ready to start planning, give us a call.
