Make Money Mondays

Why being healthy and growing old (not dying young!) should scare you

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The risk of dying young has fallen greatly over the past generation or two and there is every reason to believe the trend will continue.

You have a better chance than ever to grow old and stay healthy.

You might view this as good news; but there are extreme financial risks to this seemingly unstoppable trend.

The Money Show's Bruce Whitfield interviewed Rowan Burger, Executive of the Large Corporate Segment at Momentum, about the risks of not dying young.

Listen to the audio (scroll down) for more detail.

The expected number of 100-year-olds is doubling every six years!

Rowan Burger, Executive of the Large Corporate Segment at Momentum

Your first 10 years of saving will produce half of your pension!

Rowan Burger, Executive of the Large Corporate Segment at Momentum

Your peers are also not prepared for living so long! They’re going to be a massive burden on the state.

Rowan Burger, Executive of the Large Corporate Segment at Momentum

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This article first appeared on 702 : Why being healthy and growing old (not dying young!) should scare you


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