• Question
  • At age:> 89, will my family or Wife, respectively still have an potentially sufficient Retirement

    Asked by a 88 year old man from Houston, TX on 6/4/2015

    At age:> 89, will my family or Wife, respectively still have an potentially sufficient Retirement Balance she can depend on in the future?-? --- Your Response is indeed greatly APPRICIATED! --- O.M.H.
    omaxh@aol.com

    .== ***** ==.

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  • Categories: Retirement Planning, Guaranteeing Income

Answers

  • Steve 

    Steve 
    NewRetirement

    San Francisco, CA

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  • Thanks for your question - you may want to use our retirement calculator which will forecast how long your money might last as you age:

    https://www.newretirement.com/retirement-calculator/default.aspx

    The best way to guarantee that you and your spouse won't run out of money is to set up streams of income that are guaranteed for life, such as:
    - optimizing how you claim Social Security: http://www.newretirement.com/Services/Social-Security-Benefits.aspx
    - considering an Annuity with a joint and survivor benefit: http://www.newretirement.com/Services/Annuities.aspx
    - considering a Reverse Mortgage where you set up tenure payments: http://www.newretirement.com/Services/Reverse_Mortgage.aspx

    Hope this is helpful.

  • Login to rate this answer:   Answered on 6/9/2015
**All above answers are provided as general information only. No warranty is made regarding the fitness or accuracy of the information provided in this answer. You should seek advice from a licensed CPA, attorney or CERTIFIED FINANCIAL PLANNER™ as to your unique financial situation.