When planning for retirement, many people underestimate just how long they'll live.

That's the assessment from Michael Hanson, SVP, Research at Fisher Investments.

"People really don't plan long enough for how long that they'll live and most people really underestimate that," he said. "Particularly for the Baby Boomer generation, there are folks who are going to live a lot longer than they think and if they don't plan for that, there can be a lot of difficulty in their later years."

 

On May 22, TheStreet will present a live webinar called "How to Stomach Market Volatility" hosted by Fisher Investments. The exclusive live webinar will give you the tools to successfully navigate market volatility and discuss why having a wealth manager is more critical than ever before. 

Register for the event here.

This article was written by a staff member of TheStreet.