A 65 year old American male in 2018 is expected to live another 19.2 years (to 84.2 years old), an increase of 5 years in the last 40 years. A 65-year old American female in 2018 is expected to live another 21.6 years (to 86.6 years old), an increase of 3 years in the last 40 years. (Source: Social Security Administration)
IT JUST DEPENDS
Life expectancy at birth varies by as much as 20 years depending upon the country where you are born in the United States. (Source: Dwyer-Lindren et al., JAMA Internal Medicine 2017)
WHAT IS YOUR END PLAN?
59% of “working age” Americans (defined as adults between the ages 21-64) have not accumulated assets in any retirement account– defined benefit pension plan, defined contribution plan (e.g., 401(k) plan) or an IRA. (Source: National Institute on Retirement Security)