Most Americans don’t know their life expectancy; that’s a problem in retirement planning

A new study found that most Americans do not know how long they expect to live, alarming researchers who say the lack of “longevity literacy” could mean many who believe they are prepared for retirement may run out of funds in their golden years.

The TIAA Institute and George Washington University’s Global Financial Literacy Excellence Center’s 2022 Personal Finance Index asked for the first time in the survey’s history whether respondents knew the life expectancy of Americans who are currently 60 years old, as a multiple choice question. The correct answer is age 82 for men, and 85