Don't Make This Social Security Mistake
The American College New York Life Center for Retirement Income
When we think about life expectancy, we usually consider it from birth, not from our current age, and that could be a costly mistake, because life expectancy factors heavily into our decision of when to claim Social Security benefits.
According to a recent survey by The American College New York Life Center for Retirement Income, about 47% of respondents over age 60 underestimated how many more years a typical 65-year old man could expect to live, and only 41% guessed correctly that he could expect to live an additional 20 years.
Campbell, Todd, "Don't Make This Social Security Mistake" (2017). In the News. 2296.