Retirees Aren’t Properly Preparing for This 1 Thing, Study Finds

Many retirees aren't properly preparing for one major thing, according to a new study.

That being: Their longevity. "Healthy individuals, especially those with higher incomes, face a real possibility of living past 100, making traditional 30-year retirement plans insufficient for many," according to research published on Nationwide.

"While lifespans are rising well into the 90s and beyond, financial planning hasn’t kept pace. As a result, millions face a growing risk of outliving their savings," according to Nationwide...