Why Increased Longevity Means You Need To Rethink Your Retirement

It’s no secret that many people today are living longer compared to previous generations, extending their retirement years well into their mid-80s and 90s. That means that today’s older workers will need to fund longer retirements. Unfortunately, however, many are approaching their retirement years with modest savings.

How can you address both of these critical issues? You can start by rethinking your arc of life. Let’s contrast the course of a typical life in the 20^th century, the period when many of today’s older workers grew up and formed expectations of the life stages they’d experience.