Ethan R. Okura
Hawai‘i Herald Columnist
If you are about to retire, I have some good news — and some not so good news — for you.
The good news is that as a result of advances in science and health care treatments, today’s generation of retirees is living longer than ever before. At age 65, the average man can expect to live another 19 years, and the average woman 22 more years! The not-so-good news is that with longevity comes more years of retired life, so we have to make the savings we accumulated during our working years stretch even further and, of course, lose more of its value to inflation.
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