Planning for a long, fulfilling life

Planning for a long, fulfilling life

Many of today's retirees can expect to spend 30 years or more enjoying the fruits of their labor. That's why it's increasingly important not simply to plan for retirement, but to plan for longevity in retirement - all of the years it might last, all of the ways your life will change and all of the events you can't foresee.

Learn about longevity resources available to you.

In addition to the financial implications, retirement has life implications. Our knowledgeable and experienced team can help you sort through the possibilities and offer financial advice designed to guide you up to and through the retirement you’ve envisioned.

Ask yourself these key retirement questions:

Healthcare: Safeguard your well-being

Your finances and your health are intertwined in complex ways. And as you get older, health issues and their associated costs tend to add up. By planning for future healthcare costs today, you’ll have the comfort of knowing you will be cared for and both you and your family will be protected from a rising financial burden. 

Things to consider:

  • What will the treatment of existing medical conditions cost over the long term?
  • Do you know what costs Medicare will cover?
  • Should you consider long-term care insurance?

Caregiving: Addressing the need for care

At some point, you may be providing care or receiving care, so this must be taken into account in long-term financial planning.

Things to consider:

  • Do you understand the full impact of being a caregiver?
  • How will you get the care you need as you age?
  • Is long-term care insurance a good idea for you?


Transportation: Go where you want to

Being mobile means being independent. And retirement life brings more opportunity to go where you want whenever you want. That may help explain why transportation is the second largest expense for individuals older than 65. This accounts for about 15% of their annual expenditures, according to the Bureau of Labor Statistics. That is why we make sure to account for it as part of your long-term financial plan and a major part of a fulfilling second act.

Things to consider:

  • How will you get to your favorite places in retirement?
  • Who will assist you if you can’t drive yourself somewhere?
  • What transportation options are available in your area?


  • Where will you live?
  • How will you get around?
  • How will you safeguard your health?
  • How will you secure your legacy?
  • Who will take care of you?
  • Will you have enough?

Please keep in mind that diversification and asset allocation do not ensure a profit or protect against a loss.

Bond prices and yields are subject to change based upon market conditions and availability. If bonds are sold prior to maturity, you may receive more or less than your initial investment. Holding bonds to term allows redemption at par value, barring default or an early call at the issuer’s option. There is an inverse relationship between interest rate movements and bond prices. Generally, when interest rates rise, bond prices fall and when interest rates fall, bond prices rise.

Income from municipal bonds is generally not subject to federal income taxation; however, it may be subject to state and local taxes and, for certain investors, to the alternative minimum tax. Income from taxable municipal bonds is subject to federal income taxation, and it may be subject to state and local taxes.

U.S. government bonds and Treasury bills are guaranteed by the U.S. government and, if held to maturity, typically offer a fixed rate of return and guaranteed principal value. U.S. government bonds are issued and guaranteed as to the timely payment of principal and interest by the federal government. Treasury bills are certificates reflecting short-term (less than one year) obligations of the U.S. government.