We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Inherited pension advice

2»

Comments

  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You are wrong. Average female life expectancy is dependent upon your postcode but nowhere near 90. It ranges from about 80-82.
    That's probably the irrelevant "period life expectancy at birth". ONS observes that "The cohort life expectancy for men born in the UK in 2017 is 89.5 years and for women it is 92.1 years. This means that on average we would expect someone born in 2017 to live to those ages.". And that's also irrelevant because the population life expectancy that matters is cohort life expectancy for those who are 80 now. Which is 90 for a woman and 89 for a man.

    Those are for the whole population of 80 year olds and don't take into account the individual's health and lifestyle.

    Using the wrong life expectancy measure is a common reason for underestimating how long pensions need to last.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.8K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 246.9K Work, Benefits & Business
  • 603.4K Mortgages, Homes & Bills
  • 178.2K Life & Family
  • 260.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.