Longevity

It is a fact that people are living longer with each passing year. Longevity risk or the risk of outliving one's assets must be a fundamental consideration with any financial plan. Annuities can provide an effective hedge against longevity risk, and a longevity annuity can be especially useful in providing guaranteed lifetime income . Some facts and figures from the Prudential Insurance Company : Today, once an individual has reached age 65, he can expect to live, on average, 19 years or more...

The Kronos Longevity Research Institute (KLRI) released its third annual report that discusses the top longevity research findings over the course of the past year. The Kronos Institute is a not-for-profit research organization dedicated to understanding human longevity and preventing age-related diseases. Topics addressed in the report include the relationship of the following to the aging process: Vitamin D Oxidation, Inflammation and insulin resistance Telomeres and insulin resistance...

A panel of the world's premier cognitive and brain scientists gathered recently at a summit sponsored by the Stanford Center on Longevity. The group issued a statement for the public regarding "brain enhancing" consumer products such as Gingko biloba that are intended to ward off memory loss. While the panel did acknowledge that cognitive performance among the elderly may be improved relative to years past, they clearly indicated that consumers need to proceed with caution and skepticism when...

A very good, balanced article about the longevity annuity --well worth the read. Consider that the annuity payout for a $50,000 longevity annuity purchased from MetLife by a 60 year old male is $56,106 per year. The payouts begin at age 85 and last for the lifetime of the contract holder . Tax considerations, estate planning and financial planning are discussed in the context of longevity annuities. Source: U.S. News and World Report Full Story

Recently published research by the Journal of Epidemiology and Community Health provides good news for moderate drinkers. The study indicates that both wine and beer may contribute to longevity. The drinking and eating habits of 1,373 men were followed over the course of 4 decades. Results indicate that a half glass of red wine per day may add as much as 5 years to life expectancy . Moderate beer drinkers benefit as well, but only half as much at 2.5 years. Light alcohol consumption--...