Answering One of Retirement’s Biggest Questions: How Long Will Your Money Need to Last?
Markets fluctuate, tax laws change, healthcare costs rise unexpectedly, and, perhaps most challenging of all, no one knows how long they will live. However, longevity—the number of years a person will live in retirement—is one of the most important assumptions in any financial strategy. This question becomes even more pressing as people near retirement age. […]
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