The oldest millennials are 45! This tool helps plan for longevity
The oldest millennials are now reaching age 45, prompting renewed focus on long-term planning for aging. MIT AgeLab and John Hancock developed the Longevity Preparedness Index, a free 15-minute quiz assessing eight life domains to help people prepare for longer lives. The tool emphasizes holistic planning beyond finances, including community, health, and care needs.
- ▪The Longevity Preparedness Index was developed by MIT AgeLab in partnership with John Hancock.
- ▪The quiz evaluates preparedness across eight domains, including relationships, health, and daily activities.
- ▪Financial planner Matt Hudack scored 89 on the index, well above the average score of 60.
- ▪John Hancock CEO Brooks Tingle said taking the quiz changed his perspective on retirement planning.
- ▪The number of centenarians is projected to quadruple by 2054, increasing the importance of longevity planning.
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The oldest millennials are 45! This tool helps plan for longevity May 4, 20265:00 AM ET Heard on Morning Edition Allison Aubrey The oldest millennials are 45! This tool helps plan for longevity Audio will be available later today. When it comes to aging, many people focus on retirement savings. But what about community, caregiving, and purpose when navigating a long life? Mar Hernández for NPR hide caption toggle caption Mar Hernández for NPR If you're planning for the future, you've likely been advised to track your retirement savings. But Joe Coughlin, director of the MIT AgeLab, says there's more to the equation when it comes to navigating a long life.
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