The myth of outliving your retirement savings

Most retirement research points to an impending retirement crisis for about half of Americans who save too little. But a new study suggests that behavior like Anderson’s makes the outlook far less dire. Because people worry about outlasting their savings, most adjust by living humbly – often overly so. Consequently, they make even modest savings last for years longer than expected by researchers.

Submitted May 11, 2018 at 06:51AM by andthenisawtheblood https://ift.tt/2rAJqdT