Sentences with phrase «longevity of retirement assets»

Not exact matches

Retirement Mistake # 2: People Underestimate their Life Expectancy / Longevity It is not adequate to assume that you only need enough retirement assets to sustain your lifestyle through the age of 75, 85 or even older.

With 10,000 baby boomers reaching the age of 65 every day and living longer, it may be worth taking a closer look to ensure your retirement assets will fund your longevity.

But if you're confident that you can handle your spending needs with Social Security and draws from your retirement accounts but you want some extra assurance that you'll have sufficient income later in life — or you feel that income guaranteed to kick in in the future will give you more flexibility about your spending early 0n — then devoting a small portion of your assets to a longevity annuity is probably the better way to go.

With 10,000 baby boomers reaching the age of 65 every day and living longer, it may be worth taking a closer look to ensure your retirement assets will fund your longevity.

We followed the method proposed by Milevsky (2006) to estimate the present value cost of funding a retirement income given randomness for both asset returns and longevity.

The cost of retirement, also known as the stochastic (or random) present value of retirement, was the actual cost of paying for a given income in retirement when the unknown variables of longevity and asset returns were allowed to occur by chance.