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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

Living to 120 is becoming an imaginable prospect::undefined

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[-] vidarh@lemmy.stad.social 1 points 1 year ago

The general rate of withdrawal need to be lower if you have a portfolio that is very conservative. That may make sense when you're saving for you yourself and have a low risk tolerance, but it's not needed. That people feel worried enough to do that, though, is a good argument for insurance/state run pension schemes, because they an inherently pay out more since they can smooth out the risks and pay toward the maximum averaged returns.

this post was submitted on 01 Oct 2023
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