New Delhi, Sept. 10 -- A retirement plan can look perfectly adequate on paper but still fall short if it assumes your money only needs to last until the average life expectancy.

An X post by 1 Finance highlights this often-overlooked risk. "The possibility of outliving your retirement savings".

The report shared in the post, The Longevity Risk Retirement Plans Keep Missing, argues that retirement plans should account for how long a person could realistically live, rather than rely on a single average life expectancy figure.

"Retirement planning cannot treat longevity as a fixed number," the firm mentioned in its post. "The horizon needs to account for the range of outcomes, individual differences and the risks that come with a longer r...