Anxiety, worry and especially stress all actually decline with age. That’s not because positive emotional experiences increase but because negative ones decline significantly.

At Morningstar’s annual conference in mid-May, Blanchett cited surveys showing that 95% of retirees describe themselves as happy. That’s good news, because an estimated 40 million Americans are somewhere between their 50th birthday and their retirement day.

If Blanchett is right, the next 20 years may turn out to be happier times than the last two decades.          

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