Will your money last?

 We all hope for long, healthy lives. But there’s a serious “side effect” of longevity – the possibility of outliving our money. How can you help prevent this?

It’s useful to know the seriousness of the threat. Consider this: About 41% of all U.S. homes in which the head of the household is between 35 and 64 are projected to run short of money in retirement, according to the Employee Benefit Research Institute. 

While this statistic indicates a cause for concern, it certainly doesn’t mean that you are necessarily headed for trouble – because there’s a lot you can do to help build and manage enough resources to last a lifetime. Here are a few suggestions: