
03-08-2013, 08:42 AM
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Sage
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Join Date: Mar 2008
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Quote:
Originally Posted by mickey100
Gracie, I'm sorry to hear your negative outlook on your life expectancy. You are always so positive about buying a house and living in in The Villages, I expected that positive outlook to spill over into other areas.
Its important to note, many people age 60 and over are healthy and fit, and life expectancies have risen in the last decade, due to medical advances and better healthy lifestyles.
According to data compiled by the Social Security Administration:
A man reaching age 65 today can expect to live, on average, until age 83.
A woman turning age 65 today can expect to live, on average, until age 85.
And those are just averages. About one out of every four 65-year-olds today will live past age 90, and one out of 10 will live past age 95.
Unless there are health or other issues, many retirement planners advise having a financial plan that covers you up until age 90. With that in mind, I don't think it is financially smart to blow thousands on bond interest if one can easily avoid it.
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You are right as usual Mickey.
I intend to live to be 124, but just in case..........
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