4 retirement income risks — and how to avoid them
How much our world has changed. In 1950, a retiring 65-year-old male worker’s average life expectancy was 12.8 years. While this mortality average translated into 50 percent of retirees living past age 78, it also assumed the other half would die in their 60s or 70s.
Pfau, Wade D. PhD, "4 retirement income risks — and how to avoid them" (2013). Faculty Publications. 142.