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The importance of life expectancy for your personal situation

The importance of life expectancy for your personal situation

The most interesting question I ever got was “How old are you going to be?”. There had been a vague notion in the back of my head, but until then I had never put an actual number on it.

The importance of life expectancy is huge. Not just for life insurers but especially for your personal situation.

Why? Well, let’s say you will live to be 100. And that you retire at age 67. That means 33 years of not having a job and maybe more costs because of a declining health. Which in turn means that you’d better have made preparations while you were still working.

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