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Life Expectancy
As I’ve said on several occasions, the ability to properly prepare for one’s retirement has always been hampered by the one unknowable variable; how many years of retirement life you will need to pay for. Obviously, if you will be living to over 100, you will need a lot more resources than if you will be passing away at 66.
While nobody can guarantee the accuracy of actuarial tables or other predictors of life expectancy, I was impressed with the breadth of topics covered in this questionnaire to calculate life expectancy to include many of the factors associated with expected lifespan.
While it covers such critical factors as family health history and lifestyle, I did think it strange that it doesn’t include some of the high-risk questions I have seen in life insurance applications, such as whether you participate in such dangerous activities as sky-diving and SCUBA diving.
While I’m not sure I would base all of my retirement planning on the results of this calculator, it is interesting for entertainment purposes. FWIW, it gives me another three decades, to 80.31 years.
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 9/24/2005 12:32:00 PM Send this post:
