Most people like the idea of living for as long as possible past age 65, but unexpected extra years of life complicate retirement planning.
For advisors, the extra years make managing a defined benefit plan or helping workers keep the defined contribution plan income coming that much harder.
The National Center for Health Statistics helps benefit plans see what's coming by posting state-level life expectancy estimates for residents who are 65 as well as estimates for life expectancy at birth.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
