A Long Life Is a Blessing...and an Opportunity

Americans are living longer today than any generation prior — one of the most breathtaking human achievements of our age. And with a longer life can come a later retirement age, and more years in retirement. That means your retirement portfolio may have to work as hard as you have over the years — and, ultimately, to live as long as you do. The following considerations can help you make the most of your longevity.

"Invest Early...and Often"

This saying resonates now more than ever as Social Security and pensions take a back seat, to personal savings, as retirement income sources. Importantly, saving for retirement is a lifelong marathon, not a sprint, even in the final 5, 10 or 20 years. Allotting small amounts over time is often much easier to bear than having to play catch-up to reach the retirement income you want later in life.

Reach Your Retirement Goals: Begin Saving Early

Target the Future You Want

It can be intimidating to build a diversified portfolio aimed at life's biggest financial goal — retirement. Target-date funds and target-risk funds can help remove some of the guesswork. These multi-asset-class funds come in a variety of flavors, with target-date products geared toward a specific investment time horizon and target-risk funds based on an investor's tolerance for risk (from conservative to aggressive). Explore LifePath® Portfolios for more on our Target Date Fund strategies.

Consider Annuities

Annuities are important retirement planning tools that can provide a steady stream of income throughout your retirement years. Different types of annuities can offer access to an account value, payments for a specific number of years or predetermined growth potential. Talk to your financial professional about your options.

Remember, Time is on Your Side

Longer life expectancies mean you have the longevity to ride out market cycles, allowing you to consider looking past the traditional retirement products and seek to take advantage of opportunities for enhanced income and growth potential. Investment in equities, commodities and alternatives are some strategies you may consider in seeking to generate income and enhanced return potential to help ensure your long life is a blessing — and not a financial burden.

This material is provided for educational purposes only and is not intended to constitute “investment advice” or an investment recommendation within the meaning of federal, state, or local law. You are solely responsible for evaluating and acting upon the education and information contained in this material. BlackRock will not be liable for any direct or incidental loss resulting from applying any of the information obtained from these materials or from any other source mentioned. BlackRock does not render any legal, tax or accounting advice and the education and information contained in this material should not be construed as such. Please consult with a qualified professional for these types of advice.

Please consider the investment objectives, risks, charges and expenses of each fund carefully before investing. The funds prospectuses and, if available, the summary prospectuses contain this and other information about the funds and are available, along with information on other BlackRock funds, by calling 800-882-0052. The prospectus and, if available, the summary prospectuses should be read carefully before investing.

Investing involves risk, including possible loss of principal.

The target date at the end of the name designates an approximate year in which an investor plans to start withdrawing money. The blend of investments in each portfolio is usually determined by an asset allocation process that seeks to maximize assets based on an investor's investment time horizon and tolerance for risk. Typically, the strategic asset mix in each portfolio systematically rebalances at varying intervals and becomes more conservative (less equity exposure) overtime as investors move closer to the target date. The principal value of the funds is not guaranteed at any time including the target date.

Incorporating alternative investments into a portfolio presents the opportunity for significant losses. Also, some alternative investments have experienced periods of extreme volatility and in general, are not suitable for all investors.

Diversification and asset allocation may not protect against market risk or loss principal.

Prepared by BlackRock Investments, LLC, member FINRA

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