We've all played the "would you rather" parlor game of picking between hideous choices. Would you rather be the only human to survive a nuclear holocaust or... trapped on a desert island with the cast of "Jersey Shore"? In much the same spirit, Allianz Life Insurance asked 3,200 adults (ages 45 to 75) which they feared the most: dying... or running out of retirement money before they died..
It turns out that three out of five people (61%) say they fear outliving their retirement savings more than death itself.
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