Planning To Infinity: A Financial Foundation for Life Past 100
September 29, 2016
Crain's - By 2050, there are expected to be a million centenarians in the United States.
Better detection of disease and advances in behavioral medicine that help us adopt
healthier habits are extending lifespans. Centenarians are not outliers anymore. Many
people today can expect to live well into their 90s, as average lifespans continue
to increase. "Despite a widespread belief that old-age mortality is intractable, life
expectancy is not approaching a limit," wrote demographer James Vaupel and historian
Jim Oeppen in a recent issue of Science magazine.
If you think you can do this on your own, think again. Financial literacy declines
1% a year, every year after 60, researchers at Texas Tech University and the University
of Colombia-Missouri found.
Read the story here.