Why 8,000 Is The Most Important Number For Your Retirement Plan

Why 8,000 Is The Most Important Number For Your Retirement Plan

AgeLab Director Joseph Coughlin writes in Forbes about the need to develop  new narratives of aging and retirement in response to account for an era of unprecedented longevity:

Translating years to days, two-plus decades of retirement is about 8,000 days. 8,000 days is also roughly the same amount of time from birth to legal drinking age – 21 years old. Put another way, life between 21 years old and what many might call midlife in their later 40s, is another 8,000 days. And, from midlife, to the seemingly preordained retirement age of 65 years old, is – you guessed it – about another 8,000 days.

The point is retirement is not a brief period of life after full-time work. Rather, retirement is equal to one-third of your adult life.

Read Dr. Coughlin's thoughts in full here.

 

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