A third of retirees will live for more than 30 years

Rachel Lacey

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Two-thirds of retirees will live for more than 20 years, according to Partnership, while 30% can expect to live for 30 years or more.

However, research from the company finds that retirees are highly likely to underestimate their life expectancy, with 25% of adults expecting to live between 16 and 20 years after retiring at 65 and 20% expecting to live for between 11 and 15 years.

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Source Moneywise http://ift.tt/1Rh2zrO