There is a long list of things I would do if I had a time machine and could travel back in time.  I won’t bore you with the long list of who I would have never started dating, but I will share that I would have started planning for my retirement in my mid to late twenties!  I would have bought a life insurance policy when I was in perfect health and started an annuity.  I’m hoping that this blog touches at least one young  person and wakes them up to the fact it is never too early to start planning!  The earlier you start, the more time your money has to grow, accrue interest and make your retirement easy and comfortable.  

Another reason to plan earlier is because Americans are living longer.  While the average life expectancy in the US may be about 78 years, new data from the 2010 census is revealing that more and more Americans are living past age 90.  As the life expectancy increases, young adults need to adapt their retirement plans.  I wish high schools and colleges spent more time educating youth about life insurance, annuities, investments etc.  A sad fact is that most nonagenarians live under $15,000 a year because they have long outlived their assets.   

We at American Insurance & Financial Services would like to help with the planning.  We are very passionate about educating about retirement needs.  Do you have life insurance, a 401K or Annuities?  Do you know the differences between life insurance and annuities?  If you are on a limited budget what product would be best to purchase first?  Life insurance or annuities?  You have heard that life insurance and annuities can be very expensive.  Has anyone advised you that is not always true?  

Call us today to speak with our retirement specialist, Kip White at 410-877-0017 or contact  to learn more about retirement strategies.