46% of pre-retirees do not believe that they will live as long as the average population, according to a July report from the Society of Actuaries. Underestimating their life expectancy is another reason they're likely to exhaust all their resources, other than Social Security, in the early years of retirement.
Really, 46% don't think they'll live as long as average? There may be some weird psychosocial implications of that, but statistically speaking, it sounds as though Baby Boomers at least paid attention in math class.
1 comment:
Hi Sis
I am now older than my paternal grandfather and father were when they died by 4 years and 3 years, so I don't hold out much hope that my genetic makeup will lead to longevity. Does that mean that if I had answered the questionaire that I would be classified as not expecting to live longer than average (what is average?).
Bruv
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