The Financial Wisdom of Tennesse Williams

.....reads these exact words,

“You can be young without Money, but you can’t be old without it.”

The challenge is not just to make a good living, but to make solid financial decisions that produce a guaranteed lifetime income stream in your older age. There is a 50% chance that, among married couples, at least one spouse will live to the age 92 and a 25% chance that one will live to 97. We are closing in on the life expectancy of age 100 pretty swiftly. Technology, healthier eating, and no stress related activities are enhancing the chances of living longer. Retirement age was once 62 and was also considered old. Now, retirement age is different. Work is still being produced in the 80’s now.

In living longer, there are health challenges with the capability of wiping out all of your income if a strategy is not put in place. No matter where you live now, if we lack in producing multiple streams of income for our retirement, life could get real ugly. Let’s start making some proper decision now!