A retirement that lasts longer than expected can put pressure on your savings and income.

Longevity risk means the possibility of outliving your available savings or income.

Factors to Consider

• Longer life expectancy
• Rising healthcare costs
• Inflation over decades

How to Plan for It

1. Lifetime Income Strategies
Review Social Security, pensions and any annuity income together. Annuity lifetime payments depend on the contract, any rider requirements and costs, and the insurer’s claims-paying ability.

2. Conservative Growth Planning
Balance growth with protection.

3. Risk Management
Protect against major financial disruptions.

Final Thought

Living longer is a gift—but only if your financial plan keeps up.

Explore your options

Continue with retirement income considerations, long-term care planning. For insurance questions, contact Anil Khanchandani, CLTC®. Consult qualified legal, tax or investment professionals for advice in those areas.