Longevity risk
Risk & psychologyThe risk of outliving your money.
In plain terms
You do not know whether the corpus must last twenty-five years or forty, which is why withdrawal rates are conservative.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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