Question:
❓Which of the following is most likely to cause someone to run out of money in retirement?
A) Not saving enough
B) Market downturns
C) Poor budgeting
D) Living longer than expected
Answer:
✅ D) Living longer than expected
Here’s why:
Outliving your money is one of the most underestimated (but most dangerous) retirement risks. It’s called longevity risk—and it turns every other risk into a bigger problem.
You can budget, invest smart, and avoid big mistakes…
But if you live 5, 10, or even 15 years longer than you planned for?
That means more years of expenses, healthcare costs, inflation, and possibly reduced earning power or benefits.
That’s why strategies like guaranteed income, flexible withdrawal plans, and periodic check-ins aren’t optional—they’re your safety net for the long game.
