But that possibility presents another problem: How many of us are prepared to live that long?
“When people are planning financially, I sincerely doubt they believe they’ll live 20 or 30 years beyond the age of 60,” says Perls. “And that’s reason to worry.”
Perls believes that as baby boomers zip past retirement age, many will run unexpectedly low on finances, creating a strain on themselves, their families, and society as a whole. He’s even created a tool to help people calculate their likely lifespan in the hopes of waking them up to their longevity potential.
“We’re a healthier society than we’ve ever been,” Perls notes, “and the baby boomer population has a good chance of reaching their maximum longevity potential. But they’re going to need to start planning for it now.”