While on its face it represents positive momentum for health in the U.S., rising life expectancy also comes with a key financial concern — longevity risk, or the potential for someone to outlive their retirement savings. This is a key challenge that many prospective retirees may not be ready for.
This is according to research published this month and conducted jointly by the Nationwide Retirement Institute and the American College of Financial Services. This was part of a broader Nationwide campaign seeking to “explore the financial implications and consumer details ⇒
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