Planning for retirement is like packing for a long hike. Your packing list might include a fire starter, a compass, a mini first-aid kit and bear spray. Of course, you hope some of those items won’t be necessary, but you need to bring them just in case.
When preparing for your golden years, living longer than expected is a commonly forgotten “just in case” scenario. Life expectancies are getting longer and the number of centenarians is rapidly growing, which means you could be retired for longer than you think.
