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Chapter 3. Establishing an Income You Ca... > Life Expectancy and Your Retirement

Life Expectancy and Your Retirement

When looking at your retirement, you need to factor in life expectancy. As you can see from our life expectancy table, a married couple who are both age 65 will live a joint life expectancy of over 87 years. If you retire at age 65, that's an average of 22 years of postretirement living. But remember that these are just averages. Any family of two has to deal with the genetics of combined generations. You and your spouse both have or had families that included parents and grandparents. As you know, these genetics forecast your life expectancy, as shown in Table 3-4.

Table 3-4. Forecasting Life Expectancy
Life Expectancy
AgeMaleFemaleJoint[a]
3575.7780.2184.19
4576.6980.7985.66
5578.2481.886.19
6580.7583.687.28
7584.6286.5389.34


[a] Joint Life assumes both same age.


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