A new paper says that retirement planning shouldn't be based only on chronological age, but also on biological age—and that in the future, the biological age factor may become more prominent in retirement policy.
The paper "is inspired by the growing body of medical literature that has identified biomarkers of aging which—practically speaking—offer better estimates of expected remaining lifetime and future mortality rates."
It proposes that biological age could be used in the future, when adequate technology can calculate it, to determine not just retirement policy but also optimum spending levels in retirement, thus allowing better retirement planning.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
