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Your pension needs to last for this long

  • Julia Docker
  • Aug 2, 2014
  • 1 min read
Your pension needs to last this long

In my post yesterday I said that we often comment that people underestimate their life expectancy and that some people significantly underestimate it.

I asked if you were 65 years old what would be the chance of living to a) age 95 and b) age 95?

What did you guess?

A House of Lords Report “Ready for Ageing” stated that:

If you were a man the chances of making it to age 85 was 47% and for a woman 60%

To age 95 it was 10% and 17% respectively.

Did you underestimate your chances of living this long? Do let us know.

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