Life Expectancy

Life expectancy is a statistical measure that estimates how long a person is expected to live. It is computed for an individual or for classes of people such as women between the ages of 35-45. The statistic can be computed by taking into account family history, physical condition, nutrition, environment, lifestyle habits such as smoking, exercise, and sleep patterns. Insurance companies use life expectancy tables to calculate your premium as well as the payout that you get from your annuity. The longer you live, the longer you’re expected to continue living. Figuring out your life expectancy will give you an idea as to how much you need in retirement savings to ensure you don’t run out of money before your death. The IRS Publication 590 is a single life expectancy table.

Calculating the Value of a Longevity Annuity

A longevity annuity is arguably the most efficient way to...

Half of Babies Born Today in Developed Countries Will Live to 100

In a Bloomberg report scientists predict that half of the babies born today in rich or developed countries will live until age 100. Life expectancy has increased by 30 years over the past century in the same developed countries, and researchers do not see longevity limits on the immediate horizon. The increasing longevity carries some potential downsides as countries struggle to finance the increasingly long duration of retirement: The aging of society has left nations struggling with how to...
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Who Really Needs an Annuity?

Warren Buffett does not need to think about an...

Life Expectancy in the United States Reaches Record High of 77.9 Years

The Centers for Disease Control and Prevention (CDC) reports that life expectancy in the United States reach almost 78 years. Over the past decade, life expectancy has increased 1.4 years from 76.5 to 77.9 years of age. Cancer and heart disease were the leading causes of death, contributing to 48.5% of all deaths. Source: CDC Full Story
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An Interview with Retirement Planning Expert Henry Hebeler


Henry "Bud" Hebeler is a former Boeing executive who has been running a retirement planning...