More people are living an active lifestyle past age 100 and a detailed retirement plan will be important for any of us looking to make it that far. Are you financially on track to live this long?

Previous Episode: Can dividend income raise your effective rate? The ‘ticking tax time bomb’ is something retirees should plan around while they are still building wealth.

Next Episode: We all know bonds make up a good portion of a retiree’s portfolio, but are low yields an issue? Why even own bonds at all?

A video of a 102 year old man participating in the 100 yard dash has gone viral. With the way medicine is advancing this could easily be the future for any of us. Part of getting there will mean having a portfolio set up that will outlive you. Are you prepared for a future where more people reach this major milestone? Today I explain the top reasons why you need a detailed financial plan going into retirement.

Join Rob Black and I for our Retirement Income and Tax Planning seminar at the Elks Lodge in Palo Alto this Thursday, July 11th. Registration is only $25 so click HERE to sign up!

Email your money question to [email protected] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.

More people are living an active lifestyle past age 100 and a detailed retirement plan will be important for any of us looking to make it that far. Are you financially on track to live this long?

New Focus on Wealth with Chad Burton