Nov 5, 2016

Longevity as a Moving Target

I've seen this (and posted on it) before elsewhere but this is what happens to your longevity estimate in your retirement plan when you get the good news you have survived yet another year. This ignores medical advancements that will change the equation, too. Don't forget that if you have some socio-economic edge, the estimates will nudge up as well.


postscript

In a later post, since longevity is not normally distributed and mean and standard deviation are less helpful than in a normal distribution, I went back to recast some of the data in quartiles here.  --->


1 comment:

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