Andew Costa and Grant Conness, Managing Directors of Global Wealth Management, a retirement income planning company, tell retirees how to conquer the fear of outliving their money through proper planning.

Fort Lauderdale, FL – April 17, 2013 – Andrew Costa and Grant Conness, income planning specialists and Managing Directors of Global Wealth Management, recently published an article on their website (www.globalwma.com) outlining what retirees really should be concerned about when they’re strategizing ways to not outlive their retirement savings. The article, titled “Planning to Live a Long Time? Then Plan Well,” predicts the main obstacles retirees are likely to face as they enter into their 80s and 90s, and outlines what steps they can take now to ensure their long-term financial well-being.

Costa and Conness write, “You’ve seen the price of a gallon of milk rise from 49 cents in the 1960s to more than $2.00 – inflation is nothing new to you! But some things have a higher rate of inflation than others. Health care costs, for example, have an inflation rate twice as high as general inflation. Basic necessities will increase in price, the value of static savings and investment returns will decrease, and no matter how much income you plan on having now, you’ll need more later.”

Global Wealth Management specializes in retirement income planning. They provide wealth accumulation and protection strategies that are appropriate for the needs of their clients with personalized service.

The entire article can be found at http://www.globalwma.com/articles/planning-to-live-a-long-time-then-plan-well.php

Learn more about Global Wealth Management at www.GlobalWMa.com

About Grant Conness and Andrew Costa:

Andrew Costa is a Financial Author and Co-Founder of Global Wealth Management who has worked extensively in the field of financial management. He is also the co-host of the financial radio show “The Road to Retirement Income” with Grant Conness on 610 WIOD and Iheartradio.com. Grant Conness is an investment advisor representative, financial author, South Florida native, co-host of “The Road to Retirement Income,” accredited instructor with the Florida Bar on 1031 Exchanges, and Co-Founder of Global Wealth Management with Andrew Costa. Together, Costa and Conness adhere to the highest level of integrity, trust, and service in retirement and estate planning for the South Florida community.