Financial glossary
Longevity Risk
In plain English
The risk of outliving savings or income, which makes claiming age, withdrawal rates, and guaranteed benefits important retirement decisions.
Longevity risk is the possibility of outliving savings or income. Guaranteed benefits, a sustainable withdrawal rate, health costs, and the age you claim Social Security all affect the risk.
Related calculators
- Social Security Claiming CalculatorCompare Social Security benefits at different claiming ages and estimate a simple break-even age. Replace assumptions with your personal SSA estimate.
- Retirement CalculatorProject your retirement savings with employer match, annual raises, and inflation. See your nest egg in today's dollars, year by year.