Changing Risks In Retirement, Part Two: Unknown Longevity
This article is part of a series; click here to read Part 1.
The fundamental risk for retirement is unknown longevity, which is summarized in the question, how long will your retirement plan need to generate income? It is the risk of running out of assets before running out of time. The length of retirement could be much shorter or longer than the statistical life expectancy. A long life is…
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