World's Retirees Risk Running Out of Money a Decade Before Death
- A 20-year savings gap for Japanese women is world’s biggest
- Global retirement shortfall could top $400 trillion by 2050
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One of the toughest problems retirees face is making sure their money lasts as long as they do.
From the U.S. to Europe, Australia and Japan, retirement account balances aren’t increasing fast enough to cover rising life expectancy, the World Economic Forum warns in a report published Thursday. The result could be workers outliving their savings by as much as a decade or more.