Data & Research
Miscalculated Longevity Risk
Americans’ projections about their own life expectancy often miss the mark, which can create problems as to at what rate they’ll be able to spend when planning their retirement and lifestyle goals.
Individuals Not Effectively Preparing for Retirement-Related Risks
For example, the Society of Actuaries found all generations are highly concerned with having enough money to pay for health care in retirement, however, saving for the future medical costs is only a high priority for 36% of respondents.