Research shows that
7 out of 10
retirees have experienced at least
one “shock” – or sudden, disruptive event – during retirement.
1
TEST YOUR KNOWLEDGE:
Can you guess the most common shock encountered by retirees?
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Illness/disability
Major dental expenses
Drop in home value of 25%
Running out of assets
Home repair/upgrades
Out-of-pocket medical/prescription expenses
1. Society of Actuaries, 2016.
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