Depending on where you may be in your financial planning process, below are a few suggestions to help plan your Lifestyle, Life Income and Lifeboats based on the number of years until your retirement.

Working Boomer (10+ years to retirement)
There's still time! With 10 years or more until retirement, the following steps will ensure you capitalize on longer-term retirement planning opportunities.

• Lifestyle: Live within your current financial means, and save for retirement – at a rate that is consistent with your age.
• Life Income: Save for yourself and those you care about first, by accumulating financial assets and minimizing debt.
• Lifeboats: Protect against premature death, disability, serious illness and early retirement while you can still qualify.

Near-Retirement Boomer (Less than 10 years to retirement)
You are getting close! While continuing to save for retirement, the final decade of your working years is also time to plan and protect your specific retirement dreams.

• Lifestyle: Maintain a lifestyle within your means, while you consider and anticipate the lifestyle you want during retirement.
• Life Income: Analyze your available retirement benefits, and finalize plans to ensure sustainable income during retirement years.
• Lifeboats: Preserve and protect assets you have accumulated to insure yourself against devastating current and future financial risk.

Retired Baby Boomer
You are finally there! Take the following steps to maximize your quality of life during your hard-earned retirement.

• Lifestyle: Enjoy and live within the lifestyle you have earned and decide how to pass along your dreams to future generations.
• Life Income: Ensure your withdrawal rate is sustainable to you and those you care about never run out of money. Remember – today’s retirement could last 20-30 years.
• Lifeboats: Protect your assets and independence against the potential burden of unforeseen and uncontrollable expenses.

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