Tag: life expectancy
Let’s see if we agree on what the retirement age is today. With the projected depletion of the Social Security trust fund assets in the 2030s, policymakers are looking for ways to bridge the gap. One of the major proposals is to increase the retirement age. Certainly, with average life expectancy increasing, longer careers could…
The report’s key findings are: As life expectancy at 65 rises, outliving one’s resources poses a growing challenge. This study explores how people perceive their life expectancy, options for handling longevity risk, and why few insure against it. A survey of investors with over $100,000 in financial assets sheds new light on this topic: About half…
