How many years will I be in retirement? How long will I live?

By
7 years ago

Your number of years in retirement depends on when you retire and how long you live. A recent study by The Society of Actuaries indicates that a man who is currently 65 has a 50% chance of living beyond age 85 and a 25% chance of living beyond 92. For women, it is 88 and 94, respectively, and for couples, it is 92 and 97, respectively. Health, exercise, diet, smoking/non, family history and other factors can have a big impact on your longevity, so consider using a longevity estimation tool that considers those factors. The WealthStep advice engine includes general longevity assumptions. Take good care of yourself to increase your number of years and quality of life!

This article is for informational and educational purposes. Any hyperlinks to third party websites are not endorsements and outside content is believed to be reliable but has not been independently verified. Consult an objective financial advisor for guidance as appropriate.