Advancements in health care mean that Americans are living longer than ever. Data from the National Center for Health Statistics shows that U.S. residents born in 2024 have an average life expectancy of 79, an increase of more than six months compared to 2023.

While a longer life span is positive news, it also means that Americans may have more difficulties in planning and sustaining retirement.

A new report from PLANADVISER outlines the steps that retirement plan sponsors and financial advisers should take with their clients given the need for longevity. Reverse mortgage professionals should be aware of these details as details ⇒

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