Planning for a 40-Year Retirement Is Possible

More than half (53%) of Americans surveyed by AIG Life & Retirement said their goal is to live to age 100. However, this optimism for aging—fueled in part by medical advances and healthier lifestyles—is tempered by the financial challenges individuals may face in a retirement that could stretch 40 years or more.

Robert Scheinerman, president, AIG Retirement Services, formerly VALIC , based in Houston, says he was surprised by how many people want to live to 100. “It dispelled myths about old age and how vibrant people are for a longer time,” he says.

The Plan for 100 Survey found more […]

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