People Live Longer

Because of advances in medicine and other technologies people in general are living longer and healthier; sometimes this longer life is due to prescription medications. Saving for retirement should account for all possibilities including the need for regular medical attention or prescription drugs.
Even if medical care or prescription drugs don”t extinguish a retirement budget, living 25 years or more after retirement instead of the planned ten years can seriously affect one”s finances; it is a smart idea to plan for the longer time, to be sure the ability to live a comfortable life through retirement is possible.