1. One in four 65-year-olds today will live past age 90, while one in 10 will live past age 95
Life expectancies today are increasing, and while that’s a good thing in theory, it poses a challenge from a savings perspective. Think about it: If you’ve been saving for a 20-year retirement and wind up living 10 years longer, you may have trouble paying the bills at a time in your life when you’re at your most mentally and physically vulnerable.
Excerpted from The Motley Fool: 10 Retirement Stats Read the remaining stats via the link.
Maurie Backman (TMFBookNerd)