- Key Insight: Learn why longevity misperception reduces retirement savings and shortens planning horizons.
- What’s at Stake: Underfunded retirements could strain employer benefits and public pension systems.
- Supporting Data: Only one in three Americans correctly estimates life expectancy at age 65.
Source: Bullets generated by AI with editorial review
Workers who expect to live longer in retirement are more likely to plan and save for it, according to a new report from the TIAA Institute.
