Here are two interesting facts:1) Most people underestimate how long they will live by at least five years, according to a 1985 poll by the Association of Private Pension and Welfare Plans and the ERISA Industry Committee. 2) Only one in four people have a written document in preparation for dying. (Page 100 Longevity Revolution) These facts suggest the importance of giving serious thought to aging. Retirement financial planning needs to incorporate living longer than commonly thought. In addition it is prudent to face up to the fact that we all will die, and it is while we are healthy that we can make the best decisions about death.
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