You’ve probably made plans to take care of those people who are close to you if you didn’t live as long as you’d expected: life insurance, trusts and wills, succession planning for your business, etc.
But have you thought about you might do if you lived much longer than you thought you would? Are you prepared if you find yourself in your 90s, or even older, and in need of an income? What if you needed long term care for an extra-long term?
There are things you can (and should) do to plan for a long life. Podcast host Johnny Dean and his guest, “Professor” Rick Plum, CFP® talk about ways you may be able to protect yourself and your income in this week’s episode of Managing Your Financial Future.
