Protecting your spouse is a challenge. Starting sooner than later will ensure that your wife will be okay in the future.we can help you too!
There are many issues facing retirees as you transition into a retirement life that could last 20 – 30 years or more. I have found that life is like a giant puzzle, you have all the pieces, but you don’t have a clear picture of the finished picture. The biggest issue is our life expectancy. Wives are project to live 6 years longer than their spouses, add the age difference and it’s possible that a widow will find herself alone for 10 years or more. Here are some issues that retired couples will face:
A large portion of your wealth is tied up in home equity. With no income other than Social Security you equity may be frozen when you need it most.
If the husband passes away first, the surviving spouse will lose 30 -50% of her Social Security income
The Variable Annuity you have hasn’t performed well and you have doubts about keeping your money tied up
The husband wants to protect his wife after he’s gone
The spouse never managed the investments and is not sure what to do
Protecting your spouse is a challenge. Starting sooner than later will ensure that your wife will be okay in the future.
I helped my dad and mom plan for life’s transition and when it happened I am pleased to say that everything when according to plan….we can help you too!
