One of the most common and most important financial questions is simple: Will my money last? It’s a reasonable question, and it carries far more weight today than it did for previous generations.
People are living longer and trying to stay healthier than ever, yet that creates a new challenge in preparing for the future. How long those resources may need to last can be just as important as how much you save or invest, especially if life stretches decades beyond your prime working years. Add in the realities of aging and health, from arthritis and cancer to Alzheimer’s, and even the rise of GLP-1s, and the future can start to feel more complex than you might expect.
Thankfully, simple awareness is enough to change behavior. Once people better understand longevity and the kind of lifestyle they want to maintain, they tend to make better decisions, ask better questions, and prepare more intentionally for what lies ahead.
If this topic raises questions, don’t put them off. A longer life is a gift. Let’s make sure you’re ready for it.
Chris Perme may be reached at 330-527-9301 or cperme@financialguide.com, www.permefinancialgroup. com.
Christopher Perme is a registered representative of and offers securities, investment advisory and financial planning services through MML Investors Services,LLC. Member SIPC. (www.SIPC.org) Supervisory Office: 1956 Carter Road Suite 200, Cleveland, OH 44113. 216- 621-5680. Perme Financial Group is not a subsidiary or affiliate of MML Investors Services, LLC or its affiliated companies.
