Tag: life expectancy
New data show strong relationship between earnings and life expectancy. As part of its review of a recent proposal, the Social Security actuaries provided another contribution to the extensive body of evidence showing that life expectancy is positively related to income and that the gap between those at the top and the bottom of t…
The unpredictability of one’s lifespan is a major difficulty in retirement planning and provides the impetus for insurance products guaranteeing lifetime income. It is well known that this variance of longevity differs across demographic and socioeconomic groups, but the patterns of this variance over time have not been studied…
