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"In the end, it's not the years in your
life, but the life in your years".
-Abraham Lincoln
CONCLUSION
By Financial Advisor, Justin T. Meyer,
ChFC®, RICP
Americans need to understand two things about retirement:
that no generation before today has ever been more
responsible for their own retirement and that it has never
been more difficult to make an informed decision that
can dramatically affect one's retirement. The reduction
in pensions offered by employers and the questionable
health of the social security program effectively eliminates
the once widely adopted "three-legged stool" strategy for
retirement, and there are so many more factors and nuances
to retirement planning.
We are living longer, and many are retiring earlier than
generations before. With a reduced window to save and
an extended timeline to spend, the timeline required to
be supported by our savings is becoming longer. Even the
smallest financial decisions can impact your retirement in a
major way. The most recent study by Allianz shows that 63%
of Americans fear running out of money more than they fear
dying (1).
Navigating the vast investment environment, inflation,
pensions, Social Security, and healthcare, how can you expect
