Retirement Myths, 6th in a Series
We often underestimate our own longevity, so take these statistics to heart…
Life expectancy is increasing everyday. For every couple age 65, who are retiring today, there is a 72% chance that one of them will live to age 85, 45% chance that one will live to age 90, and 18% chance that one will life to age 95. Many will be forced to work longer just to make ends meet. Many retire only to realize they retired too soon and must return to work. Making your money last can be challenging. Are you prepared to make your money last for 30 years?