Good News & Bad News — Retirees are Underestimating How Long They’ll Live

We apparently are living longer than we expect. That’s good news. Or it’s good news unless you underestimate the amount of retirement funds needed to live to a ripe old age. Then it’s bad news. A person 60 ought to note they’ll live to reach 82 if they’re male and 85 if they’re female. It’s …

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