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Americans underprepared for longer lifespans and extended retirement years, study finds

On HALO

17 hours ago

Adults are living longer, but there's a caveat: Their retirement funds aren't keeping up with their longer lifespans, according to a recent report. John Hancock’s Longevity Preparedness Index (LPI), which was developed with MIT AgeLab, revealed that U.S. adults are largely underprepared to live well as they age. The index measures how much Americans are going to thrive later in life across eight key domains: social connection, daily activities, care, home, community, life transitions, health and finance.Based on a survey of more than 1,300 adults, respondents scored an average of 60 out of 100...

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17 hours ago
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