Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Monday, May 8, 2017

Planning for Longevity Risk

Longevity riskFailing to meet longevity risk is only failure if your wealth is depleted while you are still alive, not just over a long period of time. Incorporating survival probabilities into longevity calculations can help accurately plan for wealth sustainability. These survival probabilities work best for those with mathematical utility models that analyze retirement spending. However, most people will probably be best served by using fixed, conservative time horizons to reflect their concerns about outliving their wealth. Check out the article for further measurements that help fight longevity risk.

See Wade Pfau, How Likely Is It that You’ll Live Past 80?, Retirement Researcher, May 1, 2017.

Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.


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