Longevity Risks
How long will your savings and investments need to last? The chart below shows average life span of a single person versus a couple.
Longevity Risk and the Fear of Running out of Money - Are you prepared for 30 years ?
Source: NFS Brochure: Retirement Income Planning: America's Lifetime Income Challenge (Brochure #: 1.833058.100)
Inflation Risk *
- If you live 20 years in retirement, you need $129,734 to produce $1,000 per month income - No Inflation!
- If you live 20 years in retirement, you need $163,007 to produce $1,000 per month income - 3% Inflation!
- If you live 30 years in retirement, you need $195,343 to produce $1,000 per month income - 3% Inflation!
* Assumes 7% investment performance and funds are dissipated.
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