Yes! -- you can reasonably expect to live a long, long life and you should start planning for it now.
- Population projections tell us that centenarians, those aged 100 and over, rose 87.7 per cent between 2004 and 20111 -- and the number of centenarians is expected to triple or quadruple by 20362.
- Today’s 65-year-olds can expect to live 20 years beyond retirement, on average3.
Accordingly, you should start your income longevity planning right away.