Are you planning and preparing to enjoy a long, full life? While no one expects to live forever, you may live much longer than you think. According to the National Center for Health Statistics, a male born today can expect to live to age 73 and a female to age 79. 1
1) Source: National Vital Statistics Report, Vol. 72, No. 12, November 7, 2023 (data as of 2021)
Considering that 65-year-old retirees could spend as much as one-third of their
lives in retirement, the need for sound lifetime financial management becomes evident.
Remember that these figures are based on averages — so you are just
as likely to live longer than the average expectancy as you are to die sooner than
expected. Are you financially prepared for a long, full life?
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Did you know that the older you are, the longer you are likely to live? It seems
illogical, but it's true. The chart below shows the current life expectancy of males
and females at various ages.
Life Expectancy
