In This Issue / Features / APRIL09 - FEATURES-AGING

The Golden Years

Planning for Life Ahead

The problem is that as Americans have gained years of life expectancy, we have not kept pace with the need to plan for this boon of time. Studies show most people aren’t thinking past 85, but 65-year-olds today have more than a 25 percent chance of living to 90 and above. This gap implies that a lot of seniors may be financially blindsided when they are least able to do something about it. Add market volatility, rising health care costs, and specialized housing requirements, and it’s clear why even wealthy Americans are concerned about the future of their nest eggs...