We have some control over when we retire. However, we have very little control over how long we will live.
About this quote
- What does it mean?
- People can choose when to stop working, but they cannot predict how long they will live after retiring.
- In plain terms
- You pick your retirement date but not your lifespan.
- What can you take from it?
- Plan your savings for uncertainty.
Where it applies
Putting it to work
Questions to consider
- How long might you live?
- Is your savings enough?
Another view
Life expectancy estimates are improving.
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