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Saving, Managing Debt, and Budgeting

Risk / Reward

Why is longevity risk sometimes considered a “silent” risk?

Most other risks have short- and mediumterm consequences. With longevity risk, the risk that we may require much more income because our lives will last longer than planned, has a very long-term consequence, and is not very often considered by professional investors or individual investors trying adequately to plan for their retirement. Unexpected expenses—such as medical expenses and home care expenses—may also occur later in life, and may greatly decrease your available resources during retirement.



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