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Save, save, save

机译:保存,保存,保存

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If governments no longer guarantee to replace the bulk of earned income in old age, individuals will have to do so themselves. Already, saving for retirement is being transformed. In America, the country that has travelled farthest down this road, private savings in retirement accounts are set to become a more important source of income in old age than Social Security. Other countries will eventually head in roughly the same direction. People will have to become better at guessing how much they need in retirement. They seem to have a good idea how long, on average, they can expect to live. But for the individual, life expectancy can play tricks. A 65-year-old man in America has an average life expectancy of 16 years, points out Olivia Mitchell of the Wharton School, but an 18% chance of living to 90 or beyond. A 65-year-old woman has almost 20 years of life expectancy, but a 31% chance of living to be 90 or older.
机译:如果政府不再保证要替换大部分的老年收入,个人将必须自己这样做。退休储蓄已经在转变。在这个走得最远的国家,与社会保障相比,退休账户中的私人储蓄将成为老年人更重要的收入来源。其他国家最终将朝着大致相同的方向前进。人们将不得不变得更擅长猜测退休所需的资金。他们似乎有一个好主意,他们平均预期可以活多久。但是,对于个人而言,预期寿命可以发挥作用。沃顿商学院的奥利维亚·米切尔(Olivia Mitchell)指出,美国65岁的男性平均预期寿命为16岁,但活到90岁或90岁以上的可能性为18%。一位65岁的女性的预期寿命将近20年,但有31%的机会活到90岁或90岁以上。

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