Preservation of Investments for Retired Seniors: A 2016 Manual

About this book

There will be eighty-four million seniors over the age of sixty-five in 2050. These seniors will need to plan safeguarding adequate income to support their retirement years. Seniors are facing increasing life expectancy, escalating inflation, accelerating medical expenses while the returns on their savings are diminishing and social security is insufficient for most of the population. This book addresses the prospects of what we know about social and economic developments that could be expected from the age of sixty-years until full longevity is reached. We include charts that indicate how in the future seniors will not be able to offer post-retirement take-home pay that can come close to matching a standard of life comparable to pre-retirement years. Estimates of future incomes for retired male seniors and particularly for female seniors do not look encouraging. Retirees need to start preparing for more adverse financial conditions to be met with lower living costs as well as with an accumulation of well-protected savings.