Longevity means “long life” or “length of life.” Longevity risk is the risk that someone will outlive their money or available income—something we are very concerned about at Alpha Beta Gamma Wealth Management. It’s a fact that people are living longer. A woman who has reached age 65 can expect to live to age 86-1/2, while a 65-year-old man can anticipate living to age 84 on average. One out of every three 65-year-olds living today will live past the age of 90, and one out of seven will live past 95.1 Longevity means people may be living in retirement for
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