Americans are living longer than they ever have before. For a 65-year-old couple, there's a 45% chance that at least one partner will live to see 95, according to Insured Retirement Institute. And that's great news: Longer lives can mean more time spent with loved ones or pursuing passions.

Surprisingly though, for many, living longer doesn't necessarily equate to longer careers. According to Corebridge Financial research, while 54% of respondents say their goal is to live to 100, a plurality (40%) still plan to retire between the ages of 65-69, according to a 2023 Corebridge Financial Survey on Longevity. That could potentially mean spending 30-plus years in retirement; but are workers prepared to fund those extended golden years?

Americans seem unsure about that prospect, with just 24% of respondents in the same survey saying their current retirement investments could provide them with retirement income that lasts more than 30 years, or as long as they need.