The Impact of Longevity on Retirement Savings and How to Prepare by Financial Advisors like Lon Faccini

As life expectancy continues to rise, many individuals are faced with the challenge of ensuring their retirement savings last throughout their extended years. Longevity presents both opportunities and risks for retirement planning. The longer people live, the more they will need to account for in terms of healthcare costs, living expenses, and inflation. Planning for retirement isn’t just about accumulating wealth, but also ensuring it lasts.