FYI: Maybe one of the reasons collective retirement savings statistics are so depressing is because retirement is really only a few generations old. Most people in the past never had 20, 30, or 40 years of life after work to plan for. There aren’t many real-life examples people can point to when trying to plan for this stuff.
So retirement will likely be different than most people expect. Some will have to work longer. Others will never be able to stop working. And still others are going to need their money to last many decades. Here’s a new piece I wrote at Fortune that deals with expanding life expectancies and what it means for retirement planning.
Regards,
Ted
https://awealthofcommonsense.com/2019/07/you-may-have-longer-than-you-think-to-invest-for-retirement/
