Baby Boomers now face extended life expectancies due to medical advances, meaning retirement funds must adjust to ensure long-term lifestyle and healthcare needs are met.
Retirees need to ask critical questions regarding life expectancy calculations, factoring in personal health histories, to adequately plan for a future that may exceed average expectations.
Life expectancy statistics have shifted significantly since the 1940s; relying on outdated data can lead to erroneous assumptions about financial needs in retirement.
Adopting a proactive approach to understanding personal health and longevity can significantly impact retirement planning, making it essential for Boomers to reassess their financial strategies.
Collection
[
|
...
]