Various natural disasters and extreme weather events are impacting more people in recent years. They include everything from earthquakes, hurricanes, flooding, forest fires, volcanoes, and some have threatened more populated areas. The frequency of these events and other disasters is causing people of various ages to wonder if they can save enough for a comfortable retirement.
Until recently, most people’s retirement plans did not include the possibility of natural disasters. Now, when developing retirement plans, you must consider the possibility and how to counter inflation and the rising cost of medical coverage and long-term care insurance.
