The Financial Risk of Longevity…

August 2006
Journal of Financial Planning;Aug2006, Vol. 19 Issue 8, p11
Academic Journal
The article focuses on longevity statistics in the United States useful to financial planners when advising investors on retirement. The numbers reported are from the American Academy of Actuaries, and suggest that a woman at 65-years-old has a 19 percent chance of living to 95-years-old, while a man at the same age has only an 11 percent chance of reaching age 95. Of the members of a 65-year old married couple, one has a 28 percent chance of living to be 95. A 65-year-old woman has a 5 percent chance of living to be 100-years-old.


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