Life expectancy: Will you outlive your retirement savings?
Now that super funds, fund managers and other financial service providers have (nearly) survived the GFC, the next big issue concerning the super industry is ‘adequacy’, that is, the worry that Australians will outlive their retirement savings.
Updated life tables: Is the tide shifting for Australian life expectancies?
Australians born today are expected to live longer than Aussies born five years earlier, on average, according to the Australian Life Tables 2002-2007 (released by the Australian Government Actuary). The prospect of a longer life doesn’t see to apply however if you’re a woman in your eighties or nineties.
Living to a ‘very old age’: a note from the Australian Government Actuary’s office
In November 2009, I wrote an article, (Updated life tables: Is the tide shifting for Australian life expectancies?), reporting that average life expectancies have increased, except for women in their eighties and nineties, based on the latest life tables released [...]
