Not exact matches
People
tend to underestimate how long they might live: 43 percent of
retirees and 38 percent of pre-
retirees fell short by at least five years when asked to gauge the
average life expectancy for someone of their age and gender, according to a 2011 survey from the Society of Actuaries.
Preferred stocks, which
tend to offer greater - than -
average dividends and lower - than -
average price appreciation, can also be good for
retirees as they can generate significant income.