People are living longer than ever before because of medical advances and a higher standing of living, and this is affecting how we make decision about lifestyle, estate and legacy. The fastest-growing segment of the population is age 100 and older. Plus, there is a 50 percent chance that couples in their sixties will have at least one partner living until the age of 95. This increase in life expectancy has resulted in a shift in appropriate life insurance planning during retirement years. There are health care needs that are rising beyond the reach of Medicare and traditional insurance programs. The financial implications of health care costs on retirement savings can be substantial. Permanent life insurance is an asset that can provide loans in case of unforeseen medical costs, and there are a new class of life policies that feature long term care riders.