Three Questions To Evaluate Longevity Risk For Retirees
Longevity risk—the risk of running out of assets before running out of time—is fundamental to retirement. We know about the distribution of longevity for the overall population, but an individual cannot know in advance precisely where he or she will fall in the distribution.
Pfau, Wade D. PhD, "Three Questions To Evaluate Longevity Risk For Retirees" (2016). Faculty Publications. 574.