{"id":75267,"date":"2025-01-13T13:31:55","date_gmt":"2025-01-13T02:31:55","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=75267"},"modified":"2025-01-20T09:58:49","modified_gmt":"2025-01-19T22:58:49","slug":"savings-v-life-expectancy-calculator-launched","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2025\/01\/13\/savings-v-life-expectancy-calculator-launched\/","title":{"rendered":"Savings v Life Expectancy Calculator Launched"},"content":{"rendered":"<p>Providing a guide to how long retirement savings need to last is the focus of a new service launched by <a href=\"https:\/\/www.retirementedge.com.au\/lifespan-calculator\" target=\"_blank\" rel=\"noopener\">Retirement Edge<\/a>.<\/p>\n<p>The tool, powered by <a href=\"https:\/\/www.optimumpensions.com.au\" target=\"_blank\" rel=\"noopener\">Optimum Pensions<\/a>, is designed to help advisers illustrate the life expectancy of retirees based on a standard set of questions that should take 10 minutes to answer.<\/p>\n<p>Questions cover:<\/p>\n<ul>\n<li>Health and lifestyle<\/li>\n<li>Marital status<\/li>\n<li>Desired confidence level and attitude to risk<\/li>\n<\/ul>\n<p>Results are based on the latest life tables from the ABS, the Australian Government Actuary, and health data from one the world\u2019s largest reinsurers of longevity risk.<\/p>\n<p>Retirement Edge states that too many Australians focus on how much they will need to retire, instead of how long their financial plan and retirement funds will need to last.<\/p>\n<p>The firm states retirees need a solid understanding of the probability of living to a certain age, plus access to retirement products, that will guarantee retirement income.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Providing a guide to how long retirement savings need to last is the focus of a new service launched by Retirement Edge. The tool, powered by Optimum Pensions, is designed to help advisers illustrate the life expectancy of retirees based on a standard set of questions that should take 10 minutes to answer. Questions cover: [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":75270,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,4587,3,5,5622],"tags":[],"class_list":["post-75267","post","type-post","status-publish","format-standard","has-post-thumbnail","category-company-news","category-estate-planning","category-general","category-services","category-superannuation"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/75267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=75267"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/75267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/75270"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=75267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=75267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=75267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}