New retirement age is not 65, not 95: It's higher
Human life has reached an inflection point—one that matters a great deal for those planning for retirement. One hundred years ago, the average lifespan was about 42. That's now doubled. People are living longer and trying to stretch their income to make ends meet and stay ahead of inflation, but that's not the inflection point financial advisors are really concerned about—that's just the everyday blocking and tackling on behalf of client portfolios. The emerging challenge goes way beyond that.
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