Financial Planning and How it Helps With Longevity Risk

In this week's episode, Tony talks about longevity risk, what it means and how it affects financial planning, as well as how it impacts the money you'll require for a secure and happy future.

KEY TAKEAWAYS

• The single biggest challenge for people today is determining how much money they will need in order to secure their future.
• Life expectancy is constantly shifting. In the past 100 years, life expectancy has risen dramatically, altering the futures we all plan for.
• The precarious state of government finances and the inability of government to properly contain annual deficits, suggest there could be concerns in the future.

BEST MOMENTS

'Many people fail to understand longevity factors'

'People are living for longer, and the improvement is more pronounced for men than women'

'The next generations of retirees think that it'll be alright on the night!'

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ABOUT THE HOST

Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.  

“Live For Today, Invest For Tomorrow”

CONTACT

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LinkedIn: https://www.linkedin.com/in/tonythomas2/

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