Have a plan when tailoring retirement draws to your income

Are you financially prepared for a 20-year retirement? How about replacing your income over a 30- or 40-year retirement?

The Social Security Administration estimates that the average 65-year-old woman today will live to age 86 and a 65-year-old man today will live to age 84. Also according to Social Security Administration projections, about 25% of today's 65-year-olds will live past 90, with approximately 10% living to be older than 95.

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Damian Sylvia

Retirement Income Solutions

220 Monmouth Road

Oakhurst, NJ 07755