The link said that health care costs going up could be a wild-card. But nothing was said about longevity being a wild-card. How long do most people assume they will live? I believe the assumption is about 20 years after retiring. So that might be about 80 to 85? What if you plan on that and then live to be 100+? What if you need to be in an assisted living facility but don't have any money? Will the state put you in a nursing home? Have you ever visited a nursing home? Do you know what that's like?
In my opinion, if you have a choice, it's better to plan on having too much rather than too little.
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