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Friday May 24th 2013

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Few Understand Longevity when Planning Retirement

Despite increasing life expectancy in the U.S., more than half of retirees and pre-retirees underestimate how long they may live, according to a survey from the Society of Actuaries (SOA). A separate report released by the Insured Retirement Industry on Tuesday noted that women are particularly at risk for outliving their savings. The implications for adequate retirement planning—and financial advisers–are enormous according to a report at www.investmentnews.com