© 2018, BLUEPRINT INCOME

Longevity:
What It Means
For Your Retirement

blueprintincome.com @bp_income support@blueprintincome.com (888) 248-8995

1
 Advances in science, medicine
and technology are helping us
live longer than ever.

1900 1950 2000 2050

You probably knew that. But we

bet you’ll be surprised to hear how
quickly lifespans are increasing and
how long you can expect to live.

Read on to learn more.

© 2018, BLUEPRINT INCOME 2

 Table of Contents
I. Letter From The Blueprint Income Team 4
II. What Increasing Longevity Means 5
III. Your Longevity Action Plan 6
IV. We’re Living Longer - The Data 7
V. Longer Retirements Represent An Opportunity 8
VI. Longer Retirements = A Financial Challenge 9
VII. Americans Now Control Their Retirement Finances 10
VIII. Exciting Developments In Longevity Around the Corner? 12
IX. What Kinds Of Lifespans Could We See In The Future? 13
X. How To Stay Healthier Longer 14
XI. How To Calculate Your Longevity 15
XII. Protecting Against Longevity Risk With Financial Products 16
XIII. Conclusion 20
XIV. Additional Resources 21
XV. Contact Information 22

© 2018, BLUEPRINT INCOME 3

 Letter From The Blueprint Income Team
Letter From The
Abaris Team

Longevity: Retirement
What planning
It Means For
has always beenYour Retirement
difficult, but it’s now more
challenging than ever. In the United States, we’ve created a retirement
We’re living longer system
and this fact
that alone people
requires is changing
to do so
moremany thingsonabout
planning our society.
their own than
Think about how rare it was
ever. that someone
Specifically, you
401(k)s, knew
IRAs andlived toretirement
other 90. Now, 90 is approximately
plans require
the average lifespan fortoaaccurately
you non-smoker entering
predict retirement
how long today.
you’ll live (andAnd livinghow
therefore to 100 is
long
no longer the stuff your
of science
moneyfiction;
needs it’s increasingly
to last). That usedhappening to people
to be something yourwe know.
employer
(with pensions) did for you.
What does it all mean? For one, it means a slower aging process and a greater chance of staying
healthy for longer. Innovation in medicine
Luckily, policymakers andrecognized
have increasingthis
quality of life
challenge mean
and people to
are working arehelp
leading
more active lifestylesmake it easier
well into for you toThat’s
retirement. ensure you don’t
exciting, outlive your
especially money.
if you In Julythat
consider 2014,many
the Treasury Department finalized
exciting medical breakthroughs are likely still ahead of us.rules allowing for the purchase of longevity
insurance in 401(k) and IRA plans. In doing so, they provided an exemption
to the
But just like every story, Required
there Minimum
are two Distribution
sides to rule thatare
this one. People requires annual distributions
living longer, but the age at
beginning at age 70 ½.
which people retire is not increasing in lockstep. This means longer retirements and the need
to be more financially prepared. At the same time that retirees are living longer, employers and
In the year since, the market has developed significantly. Seven insurance
the government are footing less of the bill. That means individuals are on the hook to do more.
companies have released products that allow retail investors to buy QLACs
And unlike pensions, the 401(k)s and IRAs that most of us rely on don’t automatically provide a
inside of their IRA plans.
steady monthly paycheck.
Our mission is to educate consumers to help them determine how to more
That’s why we startedeffectively
Blueprintplan
Income. Weretirement
for their saw a status
and quo that wasdiversify
appropriately badly intheir
need of a
portfolio
so it matchestotheir
change and saw an opportunity usegoals
technology
and riskto build a customer-centric
tolerance. company
In the spirit of education, to solve
we’ve
part of the retirement problem. Specifically, what we do is help people prepare for retirement
put together this guide. Don’t be daunted by its length. We’ve organized it so
by making it easier tothat
take your
even retirement
if you coupleand
only get aassets turn
pages a portion
through, ofstill
you’ll them into
be a retirement
much more
income using annuities. But only when and
informed and savvy consumer. if it makes sense. We're using data, algorithms and
a personal touch to help people make smarter retirement income planning decisions. If you
have any questions or concerns in this area, we'd love to hear from you.
If you have any product questions or inquiries about the services Abaris
offers, feel free to call us at (888) 248-8995 or email us at help@myabaris.com.
So, we hope you find the information in this guide helpful. Don't hesitate to contact us via email
or social media if you have any questions, ideas, or feedback.
Sincerely,

Matt Carey Nimish Shukla, CFA

CEO and Co-Founder COO and Co-Founder

© 2018, BLUEPRINT INCOME 4

© 2015, a ba ris fin a nci a l inc . |4
What Increasing Longevity Means

90 is the new 80
Recent data shows a dramatic increase in life expectancy, especially for better-educated,
wealthier Americans. For example, the Society of Actuaries says the average 65-year-old
added two years to their lifespan just since 2000 and about half of pre-retiree women will
make it to 90!

So what do increasing life expectancies mean for today’s adults?

Well, in short, it’s a great thing. More time to spend pursuing
hobbies, continuing to work, spending time with family and
friends, or doing whatever else gets you excited to get out of
bed in the morning. If you’re really lucky, it should mean a few
extra years spent in good health.

But there’s another aspect to longer lifespans—you’ll have

to do more to prepare and get your finances in order. If you’re
going to enjoy those extra years, you need to rethink your
retirement planning. For example, do you have enough income
from Social Security and pensions to cover your spending?
If not, should you secure an income stream in addition to
Social Security that lasts your entire life?

Preparing to live longer in retirement is tricky business. More

than half of working adults polled by the Employee Benefit
Longer lifespans Research Institute say that they are behind schedule in planning
necessitate more and saving for retirement. Meanwhile, a 2012 article in the Journal
sustainable income. of Financial Economics suggests that due to increases in longevity,
retirees must have 29% more saved at retirement, compared to
previous years. If you’re living a longer life, you need sustainable
income to get you through it.

© 2018, BLUEPRINT INCOME 5

Your Longevity Action Plan

With average life expectancies for pre-retirees stretching into the late 80s (with most
well-educated, non-smokers living well beyond that), retirement has never been more
exciting, especially if you can stay healthy and solvent through those golden years.
Faced with a longer retirement, here are some things to put at the top of your health
and wealth wellness list.

Continue to monitor your health. Quality of life is everything in

retirement; you want to enjoy the next 30 years. Take steps today to
maximize your chances of avoiding health problems as long as possible.

If you’re still working, save as much as you can afford and is permis-
sible by law in your workplace retirement plan. Take advantage of
the tax-deferred status of your 401(k) plan and compounding interest
as earnings accumulate.

Maximize Social Security. Many retirees count on it as a reliable stream

of income. There are a number of strategies to get you tens of thousands
more from the federal government. Did you know that you can increase
your income significantly if you wait to claim Social Security until age 70?

Consider other sources of income. An increasing share of today’s re-

tirees find other ways to generate income, even if they leave their 9-to-5
gig. You may turn a hobby into a small business or work part time doing
something you love.

Create your own stream of guaranteed income. Life annuities can

help safeguard you from the risk of outliving your money. Immediate
annuities `provide lifetime income today. Deferred income annuities or
longevity annuities provide income later in life, and can be a great way
to generate significant income while only committing a small portion of
your portfolio to it.

© 2018, BLUEPRINT INCOME 6

We’re Living Longer – The Data

For Americans in general, life spans are getting longer. But how much longer? And how
quickly are they changing? Let’s dig into the data.

78
68 years
years 10 years
89 years old 87 years old
1950 2013 + 24 additional years + 22 additional years

Life expectancy for a baby born in the U.S. in
2013 is about 78 years, according to the U.S.
Center for Disease Control. In comparison,
a child born in 1950 had a life expectancy
of approximately 68 years. That’s a 10 year
increase in just a few generations!
And today’s older population is living even
longer: If you were 65 in 2014, your life expectancy
as a man is 87 (22 additional years) and as a
woman is 89 (24 additional years!). For perspective,
consider that a 65-year-old in 1950 had only
about 14 years left to live, according to the CDC.

53,364
people

32,194
people
66 % 45 %

1980 2010

The rise of the centenarians: More Americans
are reaching their 100th birthday. According
to the U.S. Census Bureau, there were 53,364
people aged 100 and over in 2010. Back in
1980, there were only 32,194 people in that
group. That’s about a 66% increase in only
30 years!
Long lives notwithstanding, many working-age
households are still falling short when it comes
to replacing their income in retirement. A 2013
poll by the Center for Retirement Research at
Boston College revealed that 45% of households
aged 50 to 59 are at risk of failing to meet their
targeted income replacement rates in retirement.

© 2018, BLUEPRINT INCOME 7

Longer Retirements = An Opportunity

Traditionally, 65 has been known as the retirement age, but

research from the Transamerica Center for Retirement Studies
shows that 82% of workers in their 60s expect to or are already
working after age 65 with no plans to retire.

Many of those people are working not because they have to,
but because they want to. Part-time work or a second career
can be a great way to stay sharp and make more money to put
towards retirement or increase your Social Security benefit.

Longer retirements also allow for more active retirements.

Physical activity plays an important role in shaping the length
and quality of life in retirement. A study of about 650,000
people over the age of 40 revealed that being active and of
a normal weight was associated with an additional 7.2 years
of life compared to being inactive and obese.

An added benefit of living longer and in better health: Your assets

will have more time to grow and benefit from compounding
interest. Consider this anecdote cited by Rutgers, in which a retired
teacher passed away at 91 and benefited from 70 years of
compounding interest in her 403(b). Had she passed away at 70,
her money would’ve missed out on more than 20 years of growth.

© 2018, BLUEPRINT INCOME 8

Longer Retirements = A Financial Challenge

Longer lifespans pose an interesting conundrum for workers

and retirees: If you’re going to be out of the workplace at age
65, how can you be sure that you’ve saved enough money to
last you to age 87 or 89 or longer? If you’re younger than 65
and in good health, what will the impact be on the length of
your retirement?

An even better question: Where will longevity trends take

us next? Some have predicted that average American life
expectancy at birth could stretch as long as 100 years by
the end of the century.

Indeed, there are more than a few exceptional individuals

who’ve already made it into the centenarian club. The most
extreme case was the late Jeanne Calment, a Frenchwoman
who lived to see her 122nd birthday and passed away in 1997.
Imagine the prospect of making your retirement savings last
through your 100th birthday! It’s not as unlikely as it once was.

© 2018, BLUEPRINT INCOME 9

Americans Now Control Their Retirement Finances

The trend of longer lifespans is manifesting itself at the same

time as an important shift is occurring in the U.S. retirement
system: The reduced prevalence of defined benefit pensions is
placing a burden on workers to save more than ever before.

Fewer private sector workers are being offered defined

benefit pension plans—the old-school pension plans that offer
a guaranteed stream of lifetime income to retirees. According
to the Employee Benefit Research Institute, in 1979, 62% of
private sector workers in a workplace retirement plan were in
a defined benefit pension plan only. Over time, workers have
become responsible for their own retirement savings. According
to EBRI, by 2011 only 7% of private sector plan participants were
under a defined benefit plan, compared to 69% of participants
who were covered in a defined contribution plan. Defined
contribution plans include 401(k)s, wherein employees are
responsible for selecting their funds and saving their money.

Though the defined contribution plan arrangement has its

benefits—greater investor choice, for instance—it also comes
with its own set of risks. For instance, workers are invested
in the stock market and can reap returns from upswings,
but also losses from downturns.

© 2018, BLUEPRINT INCOME 10

 For instance, the S&P 500 index plummeted by 37% in the
2008 downturn. Many 401(k) balances tumbled along with
the rest of the market.

Further, when defined contribution plans pay out, the stream

of income they provide to retirees isn’t guaranteed. What a
retiree receives in income will largely depend on how he or
she saved and the performance of the funds he or she has
chosen. Without a guaranteed income stream, knowing how
much money you should be spending each month or year
can be impossibly complicated, even if you’re financially savvy.

Many retirees are still getting accustomed to the fact that

if they retire at 65, they will likely have more than 20 years
ahead of them—and they need to find ways to finance that
longer retirement.

© 2018, BLUEPRINT INCOME 11

Exciting Developments In Longevity
Around the Corner?

There’s another piece to the longevity puzzle that goes far beyond planning for retirement.
It’s the stuff that used be discussed only in science fiction novels, but now is the stuff of
real scientific development. More and more money is going towards increasing human
life spans. This development means that we could be on the cusp of massive improvements
in what we know about aging and what measures we can take to prevent or slow it.

At the forefront of longevity research, there’s
the mysterious Google-funded biotech startup
known as California Life Company or Calico.
With a team of scientists at the helm, Calico
aims to develop interventions to slow the aging
process and fight age-related disease. Google
unveiled Calico in 2013. In 2014, the research
firm entered into a partnership with AbbVie,
a major pharmaceutical company, to help
develop and make available new therapies
for people afflicted with age-related diseases,
including cancer and Alzheimer’s. Most recently,
Calico paired up with AncestryDNA in 2015
to research the role genes play among families
with markedly long lives.
What if you could live to see your 120th birthday?
That’s what venture capitalist Peter Thiel says
he is aiming for, according to an interview he
did with Bloomberg Television in 2014. Mr. Thiel
is putting his money on longevity. His venture
capital firm, Founders Fund, has invested in
Stem CentRX Inc., a firm that’s developing new
ways to attack cancer stem cells. Other firms
Mr. Thiel has backed include Emerald Therapeutics,
a cloud-based biotech company, and Cambrian
Genomics, a firm that laser prints DNA and
makes it available to researchers and scientists.
You, like many people, would probably prefer
to enjoy a long and healthy life in retirement.
Human Longevity Inc., a genomics and cell
therapy company, is working toward that.
The biotech company aims to combat age-related
conditions, including cancer, heart and liver
diseases, and dementia. Toward that end, it’s
building the largest human genome-sequencing
center and the largest human gene phenotype
database. Human Longevity Inc. has paired
up with a healthcare company in South Africa
to provide genetic sequencing and analysis
services to individuals. People can access a
customized report based on their genome to
understand what makes them sick or healthy.
Human Longevity is planning to bring such
comprehensive physicals to the U.S., too.
You could very well crack your own genetic
code to learn more about the genetic muta-
tions that may predispose you toward certain
illnesses. Perhaps, you may even head off
those illnesses at the onset.

© 2018, BLUEPRINT INCOME 12

What Kinds Of Lifespans
Could We See In The Future?

We’ve already seen lifespans increase rapidly over the last century. What might the
future hold? Well, that depends on who you’re asking.

Aubrey de Grey, co-founder of Strategies for Engineered Negligible Senescence Research

Foundation, told VICE Magazine’s Motherboard in 2015 that his organization was working on
a therapy that would help older people repair damage at a cellular level and lengthen their
lives in the process.

Could those people see their 120th or 150th birthday? Mr. de Grey seems to think so.

Meanwhile, an analysis of UN data by The Economist, predicted that by 2073, the U.S. will
have one million centenarians. We won’t be the first to get there. China is poised to reach that
goal by 2069, The Economist concluded.

All of a sudden, the idea that retirement may last into age 100 doesn’t seem so unlikely.

© 2018, BLUEPRINT INCOME 13

How To Stay Healthier Longer
So what does the data say about your ability to live a long and healthy life?
There’s no denying that genetics play some
role in determining longevity, but there is
plenty you can do to ensure those additional
years are healthy and happy ones. For instance,
according to the National Institute on Aging,
scientists are studying the role of biological
stress in aging. Cells’ exposure to oxygen free
radicals—be it in the form of sun exposure,
tobacco smoke or other factors—eventually results in
damage to other molecules. Research suggests
that those free radicals are related to conditions
tied to old age, including cancer, Alzheimer’s
disease and other ailments. So one important
thing to do is avoid those oxygen free radicals
as much as you can.
Another way to give yourself better odds
of having a long and healthy retirement:
Be active! Excessive sitting is bad for your
health: A 2010 study in the International
Journal of Epidemiology revealed that greater
amounts of time spent in front of the TV resulted
in greater mortality risk. Sitting at work for
eight or nine hours a day raises your risk for
heart disease, diabetes, and cancer, according to
© 2018, BLUEPRINT INCOME
a 2015 study published in the Annals of Internal
Medicine. Remaining seated for lengthy periods
of time raised the risk for heart disease by 14%,
diabetes by 91% and cancer by 13%. Naturally,
what you eat—and how much you eat—can
either work in your favor or work against you
when it comes to living a long and healthy life.
Carrying around extra weight raises your risk
for chronic illness, including type-2 diabetes
and heart disease, the NIH found. Meanwhile,
a healthy diet can help lower your blood pressure
and cholesterol levels, according to the NIH.
Finally, there are added benefits to being a
social butterfly. According to the University of
Rochester Medical Center, older adults reap
significant benefits from social activity, be it
interacting with others at work or spending
time with friends and family. Keeping a lively
social life can reduce the risk of depression,
while keeping your brain sharp. A 2011 study
that was published in the Journal of Health and
Social Behavior analyzed 1,667 seniors and
their social interactions over the course
of 16 years.
Those with high levels of social interaction
developed cognitive and physical issues at a
slower rate than those who had low levels of
social activity. The secret to a long and healthy
life is likely going to involve a combination
of factors: Avoid smoking, remain physically
active, eat well, and go spend some time with
friends and family!
14
How To Calculate Your Longevity

So you already know some of the major factors around longevity, and that it comes
down to a combination of genetics and lifestyle choices. But what if you wanted to
figure out how long you may live?

Check out our life expectancy calculator, available
here. Our tool, the most widely used on the
Internet, asks users to answer questions in a
handful of key areas, such as diet and exercise,
demographics, and smoking and drinking ha-
bits. The science underlying the tool is based
on a statistical analysis led by Professor Dean
Foster of the University of Pennsylvania’s
Wharton School. It is based on a statistical
regression of survey data of over 5000,00
respondents to a National Institute of Health
and AARP survey. Polled individuals participated
in a diet and health survey in 1996 and 1997,
when they were 50 to 70 years of age and then
tracked over the next 10-13 years.
its Vitality Compass life expectancy estimator.
Users can calculate their biological age, overall
life expectancy, and healthy life expectancy.
They can also find out how their habits directly
affect their lifespans.
Though these calculators all provide helpful
guidelines and suggestions for users, bear in
mind that they come with their own set of
caveats. For the most part, the life expectancy
estimates provided by these calculators should
be viewed as just estimates.These tools are only
as good as the underlying data collection and
analysis on which they are based.

If you’re looking to use other calculators for

a second opinion, consider the Social Security
Life Expectancy Calculator. It’s a simple calculator
that only considers your birthdate and gender,
so the life expectancy estimate is rough.

Another calculator, available on Livingto100.com,

weighs other factors, including hours spent
at work each week, sleep habits, and stress
levels. Dr. Thomas Perls, creator of the calculator,
is also the founder and director of the New
England Centenarian Study.

Blue Zones worked with the University of

Minnesota School of Public Health to produce

© 2018, BLUEPRINT INCOME 15

Protecting Against Longevity Risk With
Financial Products

Let’s say that you do all the right things: You eat well and exercise regularly. You keep
your brain stimulated with good work and time with friends. You’re on track for a long
and healthy life in retirement! How will you make sure that you have enough income
to last you through your life?

SOCIAL SECURITY
Most Americans already have access to a
lifetime stream of income: It’s called Social
Security. Generally, workers are eligible to
receive Social Security in retirement, as long
as they have worked at least 10 years and
they are at least 62 years of age when they
file a claim.
But there’s the rub! It may be tempting to
claim at 62, but that would be considered
“early retirement.” You would only be able
to receive a portion of the income benefit
to which you are entitled.
Claiming Social Security at traditional
retirement age, which can range from 65
to 67, depending on when you were born,
will entitle you to receive the full amount
of your benefit.
Retirees who can wait beyond traditional
retirement age—and who want to bolster
their income in case they live long lives—
are rewarded for their patience. These re-
tirees receive an 8% increase to their Social
Security income for each year that they
defer their claims, up until age 70.

© 2018, BLUEPRINT INCOME 16


INCOME ANNUITIES
What if you were in search of another guaran-
teed stream of income for the remainder
of your life? Life annuities can help you bolster
your income sources and protect against
longevity risk. Immediate and deferred income
annuities both provide buyers with income
for the remainder of their lives. A customer
will pay an insurance company a lump sum
of money up front and then receive a series of
payments for the rest of his or her life. The key
difference between immediate and deferred
income annuities is when the buyer begins
receiving income. Immediate annuities begin
to pay out income to the buyer right away.
Deferred income annuities pay out at a future
date, sometimes several years into the future.
There are two chief advantages to using a
deferred income annuity. First, as lifespans
continue to lengthen, retirees’ chief concern
is that they may run out of money in retire-
ment. The deferred income annuity provides
a financial backstop in the event you live to
an advanced age. The second benefit of using
a deferred income annuity is that it allows
© 2018, BLUEPRINT INCOME
buyers to pool mortality risk. Let’s break down
how it works. The insurance company knows
that not everyone will live to advanced age.
Since they don’t continue to pay those who are
no longer alive, they are able to provide more
attractive payouts than what you’d see with
an investment grade bond, for example. The
same is true with immediate annuities, but with
deferred income annuities, it factors in even more.
Bear in mind that income annuities don’t have
cash value, so you won’t be able to access the
money if you need it.
QUALIFIED LONGEVITY ANNUITY
CONTRACTS
Qualified Longevity Annuity Contracts are a
type of deferred income annuity. In 2014, the
U.S. Department of the Treasury and the IRS
began permitting retirees to use the lesser of
up to 25% of their balance in a qualified retire-
ment account or $125,000 of their dollars in a
qualified account to buy a Qualified Longevity
Annuity Contract (QLAC).
Buyers must begin receiving income from a
QLAC by age 85. Though retirement accounts
are subject to the Required Minimum Distribution
(RMD) rule—the required annual withdrawal
that retirees must take once they turn age 70.5
—the portion of money in a QLAC is excluded
from the RMD calculation.
17
REAL ESTATE
Real estate property can provide you with a
great source of supplementary income. When
you reach retirement, you may own a second
home. By renting it out to a tenant, you can
establish a new source of monthly income.
Naturally, there’s a catch. If you don’t already
own a second home, you need to consider a
cost-benefit analysis to determine whether it’s
worth the additional expense. Ownership of
a second home also comes with tax planning
implications. Whether the rental income and
expenses are reported to the IRS largely depends
on how many days each year the property is
rented to someone else.
You also have to consider whether you are cut
out to be a landlord. As you age, will you be
prepared to do maintenance work and upkeep
on the rental property? How will you deal with
tenants who become problematic?
© 2018, BLUEPRINT INCOME
MANAGED PAYOUT FUNDS
Another way to obtain income in retirement
is to use a managed payout fund. In general,
managed payout funds aim for steady monthly
payments in retirement―a stream of income
that keeps up with inflation. The allocation within
a managed payout fund may change over time
to become more conservative, in an attempt to
provide income in retirement without eating
into the principal that’s been invested.
This product does have its share of negatives,
though. For instance, some managed payout
funds have high allocations toward equities,
which could expose older investors to downside
risk. Further, managed payouts don’t provide
guaranteed income. In a worst case scenario,
if your funds run out while you’re in retirement
then that stream of income has dried up.
18
4% RULE
Perhaps you want to live off of your own
investments. Maybe you’ll consider the classic
4% rule, a retirement planning maxim that’s
been the standard among many financial
advisors for more than 20 years.
The 4% rule stems from the 1994 research
findings of financial planner William P. Bengen.
He modeled a $1 million portfolio that was
invested 50/50 between stocks and bonds.
Mr. Bengen concluded that someone who
started withdrawals between 1926 and 1976
could make the portfolio last for at least 30
years by taking an initial 4% withdrawal and
adjusting it for inflation each year.
Mr. Bengen updated his research in 2004 to
add small-cap stocks to his analysis and raise
the withdrawal rate to 4.5%. Though the 4%
rule became a standard for financial planners,
the market shake-ups that occurred in 2000
and 2008, along with historically low interest
rates, have resulted in other researchers ad-
justing that rule of thumb. They fear that 4%
might be too generous of a withdrawal rate
when the economy is tumultuous, according
to a May 14, 2013 article in The New York Times.
As a result, other retirement drawdown strategies
have emerged, including the idea of using a
dynamic withdrawal strategy that moves with
the market.
© 2018, BLUEPRINT INCOME
REVERSE MORTGAGES
One strategy you may have heard of is the
use of reverse mortgages to provide additional
income in retirement. Although reverse
mortgages have had a bad rap in the media,
they allow homeowners who are 62 and older
to use their home equity as a tax-free source
of funds. Used correctly, a reverse mortgage
can provide a retiree with additional retire-
ment income.
In general, you can borrow more if you’re
older, your home is very valuable, and the
interest rate is low. As far as withdrawals,
there are limits on the amount that you can
take out in the first year.
Nevertheless, there are still pitfalls. For one
thing, they come with their share of fees:
Borrowers can expect to pay 0.5% of the loan
amount at closing. Further, reverse mortgage
loans that are insured by the Federal Housing
Administration’s Home Equity Conversion
Mortgage program must be paid off once the
last surviving borrower passes away or no
longer lives in the home.
19
Conclusion

History repeats itself. Except when it doesn’t. At no one point in recorded human history
have lifespans increased so quickly as they have over the last century. It’s an exciting trend,
but also one that necessitates more thought and preparation.

10,000 Baby Boomers are entering retirement every day in the United States. That trend will
continue for the next 15 years. Baby Boomers and other retirees are transforming our definition
of retirement, how aging works, what “old” means, and how you should financially prepare for a
longer, healthier life.

Becoming financially prepared for retirement doesn’t mean you need to start following the
market every day or worrying about every gyration with stocks or bonds. If you like the certainty
that your monthly Social Security check provides, it might be time to consider diversifying your
portfolio with simple guaranteed lifetime income products. Recent changes to the IRS tax code
and new products are making it easier than ever for you to secure your own version of a pension.
Through technology and a commitment to provide our customers with transparent and unbi-
ased data, we’re transforming how you prepare for a financially secure retirement. Join as
we revolutionize personal finance, one happy customer at a time!

Interested in learning more? Please connect with us via our website, email, or on social media.
We always love to hear from you.

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Additional Resources

DATA AND RESEARCH HEALTH AND LONGEVITY

Centers for Disease Control and Prevention
Fast Stats on Life Expectancy
The 2010 US Census Special Report
on Centenarians
Society of Actuaries – Mortality Resources
Employee Benefit Research Institute’s 2015
Retirement Confidence Survey
Employee Benefit Research Institute’s FAQs
about Benefits
The National Institute of Aging discusses
the Biology of Aging
LONGEVITY IN THE MEDIA
The Atlantic: “What Happens When We All
Live to 100?”
The Annals of Internal Medicine, “Sedentary Time
and Its Association with Risk for Disease Incidence,
Mortality, and Hospitalization in Adults: A Systematic
Review and Meta-analysis.”
National Institute of Health’s study finds
extreme obesity may shorten life expectancy
up to 14 years
NIH Senior Health on Treating High Blood
Pressure
University of Rochester Medical Center on
“Older Adults and the Importance of Social
Interaction”
Journal of Health and Social Behavior,
“Trajectories of Social Engagement and
Limitations in Late Life.”

Peter Thiel speaks with Bloomberg TV on

a variety of topics, including his plan to live
to 120

The New York Times, “4% Rule for Retirement

Withdrawals is Golden No More.”

© 2018, BLUEPRINT INCOME 21

Contact Information

www.blueprintincome.com

@bp_income

support@blueprintincome.com

(888) 248-8995

© 2018, BLUEPRINT INCOME 22