WrapManager's Wealth Management Blog
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How Living Longer Should Impact Retirement Planning

Posted by Michael J. O'Connor | CWS®, Vice President Investments

March 7, 2018

If your financial advisor insisted on creating an investment plan that projected you and/or your spouse to live past 100, you might be skeptical. Few people at or near retirement expect to live to be 100.

But retirees would be wise to start thinking that way! The Social Security Administration finds about one out of every four 65-year-olds today will live past age 90, and one out of 10 will live past age 95. There’s also a 4% chance one person in a couple will live past 100. That’s a low percentage, sure. But it is still a possibility very much worth planning for. 

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