Outliving your retirement savings is a common source of anxiety among retirees and individuals who are still saving for retirement. Particularly when retirement is still a long way off, it can be difficult to determine whether your retirement savings will last long enough. There are four basic components to making this retirement planning calculation – how much you have available for retirement, how those assets will be invested during retirement, what your living expenses will be in retirement, and how long you’ll live. The easiest way to estimate how long your retirement assets will last is to use one of...

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