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Diane Publishing Books
Retirement Security: Shorter Life Expectancy Reduces Projected Lifetime Benefits for Lower Earners
Charles A. Jeszeck (au)
An increase in average life expectancy for individuals in the U.S. is a positive development, but also requires more planning and saving to support longer retirements. At the same time, as life expectancy has not increased uniformly across all income groups, proposed actions to address the effects of longevity on programs and plan sponsors may impact lower-income and higher-income individuals differently. This report examined (1) the implications of increasing life expectancy for retirement planning; and (2) the effect of life expectancy on the retirement resources for different groups, especially those with low income. Tables and figures. This is a print on demand report.
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