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60s & Beyond Risk: Longevity

Over the past 50 years, life expectancy in the United States has grown tremendously. People nearing retirement used to plan for seven years of retirement, but now are looking at potentially 30 years or more. This is remarkable in many ways and can have a profound impact on the need for increased retirement savings. In order to make retirement dollars last, portfolios may need to balance both income and growth.

Retirees Should Plan for a Long Retirement

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