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Longevity risk
We can’t control what others do and we can’t stop misfortune from striking. But we can control our own actions. Those who are financially prudent will most likely enjoy success, even if events don’t always go their way.
QUINNSCOMMENTARY 
My first introduction to retirement problems, working for Ma Bell, I was removing a phone from an apartment in San Francisco. The retired couple had been living, comfortably, it seems, on their two Social Security checks.* When the wife passed away, the husband could no longer afford the apartment, or any other place he could find. He said they hadn’t looked that far ahead, while everything was fine.The wife and I are comfortable with two pensions that will continue on death of the partner, and we bank our SS checks, so we are reasonably prepared for one death.Financially, anyway.
Apparently, the problem is more acute for widows than for widowers.https://crr.bc.edu/widows-face-more-financial-adversity/
*SF was way cheaper then.
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well done–enjoyed the read
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