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Enhance Your Longevity Literacy And Improve Your Retirement

“Longevity literacy is an overlooked factor in addressing retirement preparedness,” said Surya Kolluri, head of the TIAA Institute, in a recent press release. “If you don’t have a realistic understanding of how long you are likely going to live, you are missing one of the most foundational components of any plan: a time horizon. If we can improve people’s longevity literacy, we can help create better retirement plans and increase their confidence.”


For example, the TIAA report shares that retirees with strong longevity knowledge are more likely to report that they typically find it easy to make ends meet compared to retirees with weak longevity knowledge (40% vs 23%). Similarly, retirees with strong longevity knowledge are more likely to report that their lifestyle meets or exceeds their pre-retirement expectations (83% vs 63%).


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