• OpticalMoose@discuss.tchncs.de
    ·
    1 year ago

    One thing nobody points out is that those last 5+ years of your life, your health will probably be failing, physically and maybe mentally. If someone has to take over your finances and they aren't financially literate, your money will run out a lot sooner.

    I'm not talking about someone stealing your money(which does happen), but someone who means well, but just makes bad decisions. There's no easy fix for it, but a living will helps.

  • zzzzzz@lemmy.ml
    ·
    1 year ago

    I gave up after looking for a clear answer after a few minutes. They really buried the lead.

    • cheesebourgeois [none/use name]
      ·
      1 year ago

      on average in the u.s. a 65 year old man will live to 84 and a 65 year old woman will live to 87

      the likelihood of making it to at least 90 are 30% for men and 40% for women

      the likelihood of not living beyond 70 is 5-10% for men and <5% for women

      there now we're all longevity literate