Will Your Money Last If You Live Too Long?

Will Your Money Last If You Live Too Long?

On average people live to 86. How certain are you that you won’t live longer? Half of all 65 year olds will live to 88. Keep in mind also that every 15 years you can expect to add 2 years to that average life expectancy. How long will your money last if you live beyond that? Always a good idea to test a ‘long life’ scenario when doing your annual financial planning review.

Write a Reply or Comment