Investment Risk and Longevity Risk Should be Seen as Equal Pillars in Investment Decision Making Process
Longevity risk is increasingly seen as a critical consideration in retirement planning process. Investment risk and longevity risk should be equal pillars guiding investment decisions. Translation: A low-risk investment strategy that generates safe but limited returns – while a comfortable and reasonable near-term investment approach – will not be sufficient to fully fund retirement years that could last several decades. Source: Christian Science Monitor Full Story
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