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Editor's Letter

Longer Lives Equal Empty Pockets: What’s the Solution?

Here’s the downside to lengthening life spans: People can’t afford to live as long as they do today.

News about the lack of retirement preparedness is alarming.

I shudder when I think about how much shorter life spans used to be. One hundred years ago, in 1919, men lived to an average age of 54 and women to 56, according to research from the University of California Berkeley’s demography program. That is depressingly short! As I’m sure most people do, I feel fortunate to live during an era that offers better medical care and the opportunity to enjoy more decades of quality time with loved ones and life experiences.

Here’s the downside to the reality of lengthening life spans: People can’t afford to live as long as they do today.

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Natasha Chilingerian

Natasha Chilingerian

Natasha Chilingerian has worked in the credit union space for over a decade. She joined CU Times as managing editor in 2015 and was promoted to executive editor in 2019. Before that, she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union) in Los Angeles from 2013-2015, and as a CU Times freelancer from 2011-2013. She has been a professional writer and editor for more than 17 years, specializing in news and lifestyle journalism as well as marketing copywriting for companies in the finance and technology space.

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