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 76 and a female to age 81. 1
1) Source: National Vital Statistics Report, Vol. 66, No. 6, 2017 (data as of 2015)
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?
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.
This hypothetical example is used for illustrative purposes only. Actual results will vary.
This information is not intended as tax, legal, investment, or retirement advice or recommendations, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek guidance from an independent tax or legal professional. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security.
This material was written and prepared by Broadridge Advisor Solutions.
© 2021 Broadridge Financial Solutions, Inc.