Mortality risk could be the death of you

David Bell | St Davids Road Advisory | 12 April 2013

Longevity risk is the risk that we will outlive our retirement savings. If this occurs, we would fall back on to the age pension and, while averting poverty, this would likely be below many people's desired standard of living. What makes longevity risk complex is that it is actually a combination of other risks - investment risk and mortality risk. Mortality risk is the chance we will live longer than expected. While investment risk is well documented, this article is Morta...