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37 Years of Retirement

Crews Bank & Trust Wealth Management Services May 24, 2022
chart shows that from 1940 to 2015 life expectancy went up 15 years and the average years spent in retirement went from six to 37.

Contents

Today’s chart from BlackRock shows that from 1940 to 2015 life expectancy went up 15 years and the average years spent in retirement went from six to 37.

Due to a possible 37 years to compound any bad decisions, it is important to find the right stock/bond allocations, withdrawal amounts, costs, and levels of risk, to make sure you get it right from the start.

Side Note: The article also includes a link to the Consumer Financial Protection Bureau that estimates your Social Security and how that amount changes based on when you take it.
Chart of the Day

About the Author

Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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