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Story summary
- Social Security Administration reports that 65-year-old men now expect 18.5 more years and women 21 more years.
- Those expectations are up 41 % for men and 23 % for women since 1970, meaning many retirees could spend 20 years or more in leisure after work.
- Michael Crews, chief executive of North Texas Wealth Management, says most people have never been retired and neglect goal-setting, leaving them unprepared for the long post-work period.
