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Risks and Process of Retirement: Longevity (PDF)
Society of Actuaries Link to more items from this source
Aug. 1, 2012

"The 2011 Risks and Process of Retirement Survey asked respondents about their view of longevity risk. As in 2005, when these questions were last asked, there is more tendency to underestimate rather than overestimate longevity. While some Americans appear to have a moderate grasp of life expectancy in general, many fail to understand the potential consequences of living beyond their own planned life expectancy. This study shows many people are not focused on risk management, and making assets last for the rest of their lives is not their highest priority."

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