I have enough money to last me the rest of my life, unless I buy something.
Let’s face it: it’s expensive to be alive. And as we are living more active and engaged lives twenty to thirty years longer than our grandparents did, we are going to need a lot more money to finance it. It’s no surprise, then, that one of the things we fear most about living longer is that we may outlive our money.
Unfortunately for many of us this fear is a very real one. Here’s a shocking fact: over half of all households nearing retirement have absolutely no retirement savings, and Social Security provides most of the retirement ...