A simple tool to get people thinking about how to take money from retirement savings – a new approach from New Zealand.
People tend to underestimate how long they are going to live. Why is this? One contributing factor is that the life expectancy “facts” we usually see or hear are themselves underestimates.
Many demographers are fascinated by whether there is a limit to how long we can live. The long-held record for lifespan is 122 years, and it doesn’t look as if that is going to be broken soon. The more pressing question is the pattern of life and death after age 95 or so.