Financial Beacon

The Impact Of Life Expectancy On Retirement Plans

By Doug Carey

One of the biggest variables that confront people when planning retirement is their life expectancy. Some folks like to use the life expectancy of their age group or the life expectancy numbers that exist for a person born today. But this can be very misleading and can result in retirees running out of money in retirement.

One problem with using life expectancy numbers is the fact that these numbers take into account all people, young and old.

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