As Americans Age, Longer Retirements and Rising Costs Put Pressure on Financial Decision Making

MINNEAPOLIS--(BUSINESS WIRE)--With increased longevity resulting in retirements that can last 25-30 years or longer, Americans are revealing concerns about their ability to manage the rising cost of living as they age, according to the 2020 Retirement Risk Readiness Study from Allianz Life Insurance Company of North America (Allianz Life). Over half (57%) of all Americans are worried inflation will make their basic retirement expenses unaffordable, and 59% believe that the rising cost of living