If you knew that living to 100 was likely, would you do anything differently? Would you invest in your health more? Would you change the way that you invest your money? Would you change where you retired? Would you invest more in your friendships and family relationships? Or, would you keep things just the way they are?
Over the last century, we have seen life expectancy rise dramatically. According to current thinking if you were 60 years old in 1911, you could expect to live about 15 years longer. Now, the average 60-year-old woman will, on average, live 24 years.
Could You Afford Living to 100?
Most of us simply aren’t prepared for the possibility of living to 100 as most of us haven’t saved enough to live comfortably into our 80s, let alone into our 100s!
It’s also our perspective on healthy aging that may need a drastic overhaul. For example, if you knew that living to 100 was a sure thing, would you be more likely to invest in your health now? Would you walk more? Would you join a gym or take up yoga?
If you are lucky enough to have the choice to continue working, would you continue making money in your 60s and 70s, knowing that you would almost certainly need it in your 80s, 90s and older?