Living longer means your retirement savings must last longer.

We hope for long lives for ourselves and loved ones. But today's longer life spans are a challenge when you're planning for retirement because your savings have to last longer. Look at these life expectancy numbers over the last century.

U.S. Life Expectancy Has Increased Since 1940
	Men	Women
1940	61.4	65.7
2009	75.6	80.2
Increase	14.2 years	14.5 years

Source: 2010 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds

Think about the length of your retirement this way:

• A man reaching age 65 in 2010 can expect to live to just over 82, on average.
• A woman turning age 65 in 2010 can expect to live to almost 85, on average.
• About one out of every four 65-year-olds in 2010 will live past age 90, and one out of 10 will live past age 95.¹

1 ssa.gov