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37 Years of Retirement

Posted by Samuel A. Kiburz on May 24, 2022 9:13:29 AM

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This chart shows that from 1940 to 2015 life expectancy went up 15 years and the average years spent in retirement went from six to 37.

Today’s chart from BlackRock shows that from 1940 to 2015 life expectancy went up 15 years and the average years spent in retirement went from six to 37.

Due to a possible 37 years to compound any bad decisions, it is important to find the right stock/bond allocations, withdrawal amounts, costs, and levels of risk, to make sure you get it right from the start.

Side Note: The article also includes a link to the Consumer Financial Protection Bureau that estimates your Social Security and how that amount changes based on when you take it.