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Here's how to prepare your finances for a longer life

The majority of populations in industrialized countries can now expect to reach old age. Here's how to set yourself up for it. [sponsor content]

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Increased life expectancies are both an opportunity and a challenge for current generations. As the majority of the population now contemplates life beyond 80, we need to rethink what it means to retire, how we fund our later years, and the way we spend our time when we get there.

Watch the video above to hear from Paul Irving, Chairman, Milken Institute Center for the Future of Aging; Distinguished Scholar in Residence, University of Southern California Davis School of Gerontology, on how to take advantage of your longer lifespan.

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