Page 11 - Mumme Booklet

DRAFT

HOW LONGEVITY RISK AFFECTS RETIREMENT

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Longevity risk refers to the possibility that you could outlive your resources. Most people
underestimate how long they are likely to live.

87+ 90+ 94+

YEARS OF YEARS OF YEARS OF
AGE AGE AGE

Single: 50% chance Single: 50% chance Married: 50% chance
a 65-year-old man a 65-year-old woman one of them will live
will live beyond the will live beyond the beyond the age of 94.
age of 87. age of 90.

PLAN FOR A RETIREMENT THAT COULD LAST 30 YEARS OR LONGER.

Annuity 2000 Table with mortality enhancements determined using projection scale G2.

MAKE THE MOST OUT OF
YOUR RETIREMENT:
DID YOU KNOW?
• Eat healthy
A couple age 65 has a
• Exercise 10% chance that one of
• Participate in your community them will live to age
• Volunteer your time to charity or 100.
local organizations
• Nurture your relationships*
• Consider your proximity to activities Annuity 2000 Table with mortality
and people that will keep you engaged, enhancements determined using
active, and having fun.** projection scale G2.

* Harvard Study of Adult Development 2017
** MIT AgeLab, Predict Quality Retirement Study, 2013

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This plan is not complete without the Assumptions and Disclosures pages appearing at the end.
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