Longer life spans change equations on retirement, insurance

02/13/2012 | Wall Street Journal, The

The increasing longevity of Americans is changing the calculus of personal retirement savings, life insurance policies and Social Security. In the insurance industry, companies are taking greater risks on policies as research factors in longer life expectancies, driven in part by medical and technological advances. For individuals age 50, experts say, the prospect of living four years longer than expected means arranging for an extra $160,000 to sustain a modest lifestyle.

View Full Article in:

Wall Street Journal, The

Published in Briefs: