Michael Canet is a financial planner, estate planning attorney and host of The Savvy Investor TV and Radio Show, where he and Savvy Investor guests help listeners create, grow, and preserve their wealth. In this blog post, Canet discusses the challenges that only increase when you plan for a very long retirement.
Glen Burnie, MD – April 26, 2014 – Estate planning attorney and host of The Savvy Investor TV and radio show, Michael Canet, recently published a blog post on The Savvy Investor website on planning for longevity. In the blog post, “Planning for 90” Canet outlines three of the challenges associated with stretching income to last longer.
Canet writes, “One of the main challenges when planning for longevity is the unpredictability of the market. Some statisticians estimate that the average 90-year old retiree will have lived through at least three recessions during retirement. Was your retirement nest-egg hard-hit by the last one? Then you know how significantly market losses can affect your long range plans – and you’ve got at least three more to go.”
The entire blog post can be found at http://www.thesavvyinvestortv.com/blog/planning-for-90.php.
To learn more about The Savvy Investor, please visit http://www.thesavvyinvestortv.com/.
About Michael Canet:
Michael Canet is a financial planner and estate planning attorney specializing in family legacies and is a founding member of Prostatis Financial Advisors Group, LLC. Canet is the #1 Amazon best-selling author of Surviving the Perfect Storm: How to Create a Financial Plan That Will Withstand Any Crisis, and has been featured on The Wall Street Journal, Fox News, and USA Today. He is also host of the nationally syndicated television show, The Savvy Investor, and The Savvy Investor radio show on WCBM 680AM. His approach, both on and off The Savvy Investor shows, is distinguished by clear and concise answers that are accessible to the people who need to understand them most: retirees.
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