FYI: Suppose your parents and grandparents all died in their sixties from poor health—not from smoking or obesity, but just bad genes. Would you listen to a financial adviser who told you to delay taking Social Security until age 70 because you’d receive a bigger monthly benefit?
Maybe not.
Now suppose you’re in perfect shape and you have more than one centenarian relative. Should you believe an adviser who analyzes your portfolio, then tells you not to worry about saving enough for retirement based on his assumption that the average age of mortality in the U.S. is 79?
Of course not.
Regards,
Ted
https://www.barrons.com/articles/retirement-biological-age-51548356662?mod=djem_b_Weekly barrons_daily_newsletter
