Planning for a Longer Retirement is a Must-Do

Conduct a thorough longevity risk assessment using modern planning tools

Perhaps the most daunting challenge facing today’s retirees is longevity risk – the possibility that retirement savings will be depleted while the retiree is still living. With life expectancies steadily increasing, this is no longer a hypothetical concern. According to recent actuarial data, a 65-year-old couple in 2025 has a 50% chance that at least one spouse will live beyond age 92, and a 25% chance one will live past 97. This means retirement assets may need to last 30 years or more – often while also covering rising healthcare costs and unpredictable market environments.

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