1 Based on 40 year average annual inflation rate from the Bureau of Labor Statistics.
2 Additional statistics—from the Social Security Actuarial Life Table 2016: Assuming average health and average family longevity for both husband and wife, there is a 55% chance either will live to age 89, a 43% chance either will live to age 91, a 37% chance either will live to age 92, and a 25% chance either will live to age 94. However, for a single female age 65 today, there is a 30% chance she will live to age 91, and a 14% probability she will live to age 95.
Join us in this three minute video of Greg Thomas, Founder of the ThomasPartners Strategies, as he shares his own retirement journey and the need to create a dependable income stream to replace the employment check you might once have had. The ThomasPartners Strategies were founded in late 2001 with the objectives of monthly income, income growth and competitive total returns overtime.
In this quarter's Observations the Portfolio Management Team reflects on Black Swan Events and the impact of COVID-19.