Health-based actuarial longevity: The starting point for retirement planning
By Ron Mastrogiovanni For the 5% of those over age 60 without a chronic health condition, actuarial data show the odds of living to 95 are only 1 in 5. For the 30% of retirees with diabetes, the odds of reaching this age are less than 1%. Given the likelihood of reaching this milestone, we need…