By October 23, 2013 Read More →

Life Expectancy Calculator

Life expectancy is an estimate of the number of years a person would be expected to live, based on age- and sex-specific mortality rates for a given period, under the assumption that these mortality rates would stay constant over subsequent years. How long a person is going to live is an important consideration for retirement planning.

Life Expectancy Table

Insurance Advisors use life expectancy tables to help determine how long you will need life insurance for. The following is meant for illustration purposes only.

Table

Table Source: Statistics Canada Life Tables, Canada and Provinces 2000 – 2002.

Life Expectancy Calculator

IMG_Eldercare54To get more specific in determining your own situation, try one of the following calculators… 

USA Life Expectancy Calculator >> from Social Security Online
Canada Life Expectancy Calculator >>  from Body and Health Canada

 

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