When Canadians think of the intersection of wealth and health, they often focus on longevity risk – the risk that you will outlive your money. As a regular part of our financial planning process, we stress-test your ability to afford the costs of aging such as assisted living, personal support workers etc. by deliberately increasing your expenses in your later years. As a matter of practice, we continue driving and travel expenses until the younger spouse turns 85 (at which time travel insurance can become prohibitively-expensive) and initiate these costs of aging at age 90 (with the associated tax credits, where applicable). These adjustments are then personalized to your own family history of wellness and longevity; resulting in personalized projections that provide greater confidence in your financial life strategies.

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Insights into the underlying mechanisms of aging are revolutionizing the hunt for longevity treatments.