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Retirees Might Run Out of Money 10 Years Before They Die

https://www.bloomberg.com/news/articles/2019-06-13/world-s-retirees-risk-running-out-of-money-a-decade-before-death

I thought this was interesting: the average retirement savings gap is roughly 10 years, but Japan is an outlier — they have the largest retirement savings gap because Japanese workers’ investments are ***too safe***.

>”While Japanese workers save no less than others, they tend to invest in very safe assets that produce few gains over time, Yik said. As a result, average savings in Japan are only enough to cover 4.5 years of retirement.”

Retirees Might Run Out of Money 10 Years Before They Die – RobinHood – Reddit Feed





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