Today, we are talking about I think a very exciting topic. How long do we get to live?
Due to all medical advances understanding of foods and diets that are good for us, our bodies,
our health, due to physical activities that we introduce to our daily life. Well hopefully daily.
And due to understanding of our psychological makeup when you put all of this together.
This is the reason why our lives are getting healthier and longer. My name is Katherine Isbrandt,
I am the money strategies for better retirement and I thought I will share those findings with you
Because I really find it fascinating and it's great news we got all gonna have a
very very very long life.
And that's great news that's fantastic!
But there is a little problem for some.
As long as we gonna live, we have to make sure that so will our money
So assuming that let's say, you are the age of 65 and, you and your partner, you retire.
There is a likelihood of 90%, that you at least one of you will live till the age of 85.
That's 20 years, 20 years of beautiful retirement.
But your money needs to last just as long.
What's more there is 50% likelihood that you will,
one of you will live till the age of 93 and 10% likelihood that one of you
will live till the age of 99. 99! So and and those figures will get only longer and
longer for people who are younger than 65.
So what I'm trying to say, we better get prepared for this very long retirement.
So when you think about it, for some people what will happen, some people will
actually live in retirement as many years and as they spend working.
Now this is exciting but at the same time I think it's a little bit scary.
Because there is more and more people retiring in the next ten to twenty years.
The younger generation can't really support us all.
So it is our responsibility I believe, to make sure that we save enough and the money will last us,
for the rest of our retirement. So if you are 50 and you still have another 10, 15, almost 20 years
to start saving for your retirement. It is long time, it's enough time but you have to put in
place proper strategies and be money smart. Start saving money for your retirement be prepared and be smart.
If you already retired it is absolute imperative that your income is regular, reliable,
lasting, growing and has a degree of security. So again it will last as long as you will.
I didn't put this video together, I hope you don't take it as a scare tactic or anything like that.
It is really a reality check longevity should be focus of your finance, setting up your
financial goals. If you are unsure about something, you have questions contact me,
give me a yell, leave me a message. I'm quite happy to help out and give you some suggestions and ideas.
If you liked the video please follow my page. If you agree or disagree leave a comment
underneath the video and I will reply to every single comment as well.
My name is Katherine Isbrandt, I am the money strategies for better retirement.
And I do wish you all, beautiful wealthy retirement,
filled with prosperity and personal fulfilment. All the best, bye for now!