Retirement Planning for Seniors in Florida
Planning tools for the money side of retirement, written with people over 60 in mind — kept in the same Vault as your will.
What people over 60 should know
- In or near retirement, the question changes from how much to save to how long it lasts.
- The retirement projection shows your balance at retirement and the age your money lasts to.
- Compare a conservative, moderate and aggressive outlook side by side.
- Check your life, disability, home, auto and umbrella cover for gaps.
- How an old will stops counting in Florida: You may revoke a will by a later inconsistent will or codicil, by a later signed-and-witnessed writing that says you revoke it, or by intentionally burning, tearing, canceling, defacing, obliterating, or destroying the original will. For an electronic will, revocation by act requires deleting, canceling, rendering unreadable, or obliterating it with intent, proved by clear and convincing evidence. Destroying a copy is not enough. Revoking a later will does not revive an earlier will unless Florida's revival statute says so. Source: Fla. Stat. §§ 732.505, 732.506, 732.508, 732.509.
Frequently asked questions
Why does retirement planning matter for people over 60?
In or near retirement, the question changes from how much to save to how long it lasts.
How does an old will stop counting in Florida?
You may revoke a will by a later inconsistent will or codicil, by a later signed-and-witnessed writing that says you revoke it, or by intentionally burning, tearing, canceling, defacing, obliterating, or destroying the original will. For an electronic will, revocation by act requires deleting, canceling, rendering unreadable, or obliterating it with intent, proved by clear and convincing evidence. Destroying a copy is not enough. Revoking a later will does not revive an earlier will unless Florida's revival statute says so. Source: Fla. Stat. §§ 732.505, 732.506, 732.508, 732.509.
Is this financial advice?
No. The tools do arithmetic on the figures you enter. They are estimates for your own planning, not financial advice.
What do the retirement planning tools cost?
It is included in your Vault. Your will is free.
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