TY - RPRT T1 - How Well Do Retirees Assess the Risks They Face in Retirement? Y1 - 2022 A1 - Wenliang Hou KW - Financial risks KW - health costs KW - Retirement AB - The brief’s key findings are: Retirees face many financial risks, such as outliving their money, investment losses, and unexpected health expenses. How important are these risks and how well do retirees perceive them? The analysis finds a big disconnect between how actual and perceived risks are ranked:Actual: 1) longevity; 2) health; and 3) market. Perceived: 1) market; 2) longevity; and 3) health. In short, retirees overestimate market volatility and underestimate how long they will live and their health costs. PB - Center for Retirement Research at Boston College CY - Chestnut Hill, MA UR - https://crr.bc.edu/briefs/how-well-do-retirees-assess-the-risks-they-face-in-retirement/ ER -