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In planning for retirement, worry about longevity rather than dying young
MoneySense· 2026-01-21 21:20
Or, as U.S. retirement guru Wade Pfau recently put it, “A retirement income plan should be based on planning to live, rather than planning to die.” The Michael James blog recently highlighted that quote.  Retirement is usually about planning for unexpected longevity, often exacerbated by inflation. After all, a 65-year-old Canadian woman can expect to live to 87—but there’s an 11% chance she’ll live to 100. That fact was cited by Fraser Stark, President of Longevity Retirement Platform at Toronto-based Purp ...