What is strange is that financial planners actually advise people to plan on living to around 90 or so but rarely do they advise you to protect your financial future beyond that because the statistics shown few people live that long. Unfortunately the statistics also show that centenarian are the fastest growing demographic in American and are expected to double and triple in size in just a matter of a few years.
Why is this? They follow a simple mantra than many people are following today.
Eat Right Live LongerFor this reason it is probably safe to plan for extreme longevity and you should probably have your finances adjusted accordingly. Longevity insurance is a product that has always been available and it may be something to look into but for those who are young it’s time to start looking forward to our future. Expecting a productive life of extreme longevity is something we all need to adopt.
In the future I’m going to post a bit more about longevity insurance, as I think it’s a valid subject we should think more about and also I plan on reading the book titled Eat Right Live Longer as I am curious what it can add to the discussion. As always I do recommend the books, Longevity Made Simple and The Blue Zones which I’ve previously reviewed. Expect an eventual review of Eat Right Live Longer here on How To Live Longer in the near future.
Library, here I come.