Showing posts with label actuarial. Show all posts
Showing posts with label actuarial. Show all posts

Sunday, January 27, 2008

Estimating life expectancy

The IRS has published some useful data based on calculations from the dismal science's cousin, actuarial statistics. This data was compiled into a spreadsheet by the website retireearlyhomepage.com. I placed their spreadsheet into a Googledoc spreadsheet here. It's interesting that life expectancy seems to increase when the person in question has a spouse. For Kari and I, our table is as follows:
Life Expectancy Model
So each of us has a 50-50 chance of living for another 45.11 years. As a couple, the last survivor of the two of us has a 50-50 chance of living another 51 years.
 
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