Only half of Americans financially prepared to live longer
Americans are completely unprepared to live into their 70s, 80s or 90s, according to a new study by Northwestern Mutual.
By Paula Aven Gladych|April 27, 2012 at 12:26 PM
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Americans are completely unprepared to live into their 70s, 80s or 90s, according to a new study by Northwestern Mutual. The “Longevity & Preparedness Study” asked people, based on their current financial plan, how prepared they feel to live to age 75, 85 and 95.
Findings revealed that only slightly more than half of Americans surveyed feel financially prepared to live to age 75. Less than half, 46 percent, feel financially prepared to live to age 85 and 36 percent feel prepared to live to age 95.
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