One out of every four 65-year olds today will live past age 90. Yet, for 87 percent of our country’s middle-income Americans age 55 and older, the idea of one’s own longevity is often not contemplated or discussed, according to a new study released by the Bankers Life and Casualty Company Center For A Secure Retirement ® (CSR).
Video: RNT host Scott Drake interviews Bankers Life & Casualty Vice President of Marketing and Business Development Chris Campbell.
The study, Longevity Risk and Reward for Middle-Income Americans, which surveyed 500 Americans ages 55 to 75 with an annual household income of between $25,000 and $75,000, found that middle-income Americans do not spend much time thinking about longevity. In fact, for most, longevity is not a topic of discussion.