New York ? Are you and your spouse age 65 or older? Chances are that one of you is going to live a long time.

Many experts have warned about the impending retirement of the massive baby boom generation. But unless millions of Americans make better financial choices, they will be unable to support themselves through retirement.

Fidelity Investments published a report that cites a 2000 statistic from the Society of Actuaries. If you are 65 and married to someone else who is 65, there is a 50 percent chance that one of you will survive to the age of 92.

Have you saved enough money to sustain your lifestyle for that long?

Fortunately, it’s never too late to begin saving for the financial demands of retirement. To get a good idea of how much income you will need, go to Bankrate.com’s Savings Income Calculator. It’s located at www.bankrate.com/brm/ calc/svgs–income/savings–income.asp.