Longevity Risk News Today

ADP partners with Summer on SECURE 2.0 student loan retirement match; Voyant offers advisers retirement planning analysis for clients; Fidelity launches benefits program for multinational companies; and more.

Managing your money properly in retirement is critical for ensuring that it lasts as long as you do. For example, imagine you have $1.3 million in a 401(k) before age 60. While this is a considerable amount, a 4% withdrawal rate would only generate $52,000 per year. You’d also run the risk of running out […] The post I'm 59 With $1.3 Million in a 401(k). How Do I Make Sure This Money Lasts the Rest of My Life? appeared first on SmartReads by SmartAsset.

You might live longer than you think, so it’s smart to plan for a long retirement.

Longevity risk, the possibility of outliving ones financial resources, is a significant concern for conservative investors, particularly those nearing or at retirement age.

Do you have enough money to retire? There are many different ways to look at this, but the most common is to break it down simply: money in vs. money out. How much income can you generate from your retirement planning, and how much will you need to spend? Here, say that you have $1 […] The post I Have $1 Million in a 401(k) and Will Receive $2,500 Monthly From Social Security. Can I Retire at 65? appeared first on SmartReads by SmartAsset.

The retirement risks of the moderately-affluent differ from those of other retirees.

Retirees don't accurately understand their risks in retirement, according to a recent analysis from the Center for Retirement Research at Boston College. The brief, authored by Wenliang Hou, finds a disconnect between how retirees rank perceived risks and their objective … Continue reading → The post Retirees Don't Know Their No. 1 Retirement Risk: Advisors Can Help appeared first on SmartAsset Blog.

WGN Radio’s Ilyce Glink and Tom Fortino from Alpha Wealth Group give you the latest financial business news and financial planning advice and more! Ilyce and Tom start off with the yield curve inversion seen last week and what this indicates for finance. Later in the show, they talk about longevity and longevity risk and […]

To evaluate insurance policies for retirement, consider guarantee and longevity risks. An annuity provides regular income for life and equity investments can potentially increase wealth. Consult a financial advisor.

Club Vita has partnered with longevity marketplace platform Longitude Exchange in a bid to improve the efficiency and transparency of the longevity risk transfer market.