Making Sure Retirement Savings Don't Run Out
David A. Littell
We are living longer, but the life expectancy of our money may have trouble keeping pace.
The combination of longer retirements and more exaggerated cycles in financial markets heightens what financial advisers call longevity risk, the possibility of running out of money before running out of time. But adjustments can be made to investment portfolios, financial plans and lifestyles — before and after retirement — to limit the risk, they say, without increasing other risks.
De Aennle, Conrad, "Making Sure Retirement Savings Don't Run Out" (2014). In the News. 150.