Will You Outlive Your Money?

Americans are less prepared for retirement than they think and are at risk of running out of funds sooner than they realize, study shows.

A senior couple on the beach.
(Image credit: Getty Images)

Outliving your retirement savings concerns retirees and workers alike. A new TIAA study shows a connection between understanding life expectancy and retirement readiness.

When planning for retirement, a key concern is the possibility of outliving your money. To head off these concerns, people must intrinsically understand what life expectancy is for a 65-year-old as part of their decision-making process. 

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Seychelle Thomas
Contributing Writer

Seychelle is a seasoned financial professional turned personal finance writer. She’s passionate about empowering people to make smart financial decisions by combining 10 years of finance industry experience with solid research and a wealth of knowledge. Seychelle is also a Nav-certified credit and lending expert who has explored money topics such as debt consolidation, budgeting, credit, and lending in her work for publications including GOBankingRates, LendEDU, and Credible.