(Answered) Question living too long if both husband and wife are alive

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Question: Living too long? If both husband and wife are alive at age 65, in half the cases at least one will still be alive at age 93, 28 years later. Myrna and Bill retired in 1975 with an income of $12,000 per year. They were quite comfortable-that was about the median family income in 1975. How much income did they need 28 years later, in 2003, to have the same buying power?

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