How Much Do You Need for Retirement
Life Expectancy Tables.
For all Americans, and males and females.
The IRS has official life expectancy tables for tax purposes — including detailed sets of joint life expectancy tables.
expectancy table created by Sherman Hanna (Simplified version of joint life expectancy tables for couples of same age, plus links to more complicated IRS tables.)
More educated people have higher life expectancies, e.g., see below.
and payouts. This is for people participating in the College Retirement
Equities Fund, who would be of similar status to typical financial planning
clients. Note that if a couple lives to age 60, then, on average, at least one of
them will live to be 93.
long will your savings last? (Changing Times, July 1996)
Extension Family Financial Management Publications, including “How
Much Do I Need to Save for Retirement?” NOTE: Your web browser
must be set up for tables (e.g., latest version of Netscape) and you must
have Acroread for pdf files. You will then be able to print out nice looking