Retirees' #1 fear - and #1 risk - is that they will outlive their Nest Egg.
That can happen in two ways:
1. By underestimating the income needed for Retirement.
2. By living longer than you have reasonably expected, or
3. By needing the incredibly expensive Long Term Care.
Theses are likely scenarios since (a) medical science will continue to allow people to live longer and longer, and (b) that the Insurance industry predicts that, of those 65 and over, 70% will need Long Term Care at some time in their lives.
My website is dedicated to discussing these issues and revealing possible solutions to help retirees and those planning to retire soon to help you enjoy these special years.