We will see many examples that focus on building a better long-term plan. These include delaying Social Security benefits, purchasing annuities with lifetime income protections, building a diversified portfolio offering long-term prospects for growth, choosing lifetime income options for defined-benefit pensions, identifying reserve assets, strategically paying more taxes to enjoy substantial future tax reductions, making home renovations and living arrangements with the idea of aging in place, planning for the risk of cognitive decline that will make it harder to manage your finances with
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