Just over 70% of Americans say they don’t want to live to be centenarians, afraid they won’t be able to afford the costs of longevity.
Young Americans have begun investing in their retirement at just 24 years old compared with almost 40 for boomers, per Northwestern Mutual.
A Morningstar report found that 45% of Americans will experience retirement-funding shortfalls, motivating some to work into their 70s.
While saving for retirement, women have less than a third the median assets as men and face unique challenges, according to a new survey.
