7 Most Important Retirement Equations

[Michael108]

"Past performance is no guarantee of future results."

That's also true of longevity tables. If major advances in cancer and cardio treatment come into play, the average longevity could take a big leap upward.

Agreed. I think we should plan on it. What would living actively and in decent health to age 120 mean to us now..re planning?

 

[Animorph]

Agreed. I think we should plan on it. What would living actively and in decent health to age 120 mean to us now..re planning?

Max out SS and use SPIA's and hope they don't get adjusted later.

Spending probably won't decrease with age if you are able to stay active.

Make sure to keep the portfolio expanding to match inflation just in case 120 is breached as well.

 

[Michael108]

Max out SS and use SPIA's and hope they don't get adjusted later.

Spending probably won't decrease with age if you are able to stay active.

Make sure to keep the portfolio expanding to match inflation just in case 120 is breached as well.

Agreed, those are 2 good moves. But longevity would further strain SS (not to mention healthcare), and longer to live means higher inflation risk re SPIA.