Friday, July 06, 2007

Estimating How Long One Will Live

One of the critical elements of retiring planning is knowing the day one will die:-) With that information, a financial advisor can develop a plan that allows one to save the right amount while working, live comfortably in retirement and then die broke.

Seriously, since none of us can predict the future, the best one can do is estimate. I recently found this life expectancy estimator. It uses a number of answers to various risk factors to estimate one's current life expectancy. The risk factors are:

  • Date of birth

  • Childhood location

  • Gender

  • Health Consciousness

  • Grandparents age of death

  • Brain use

  • Exercise

  • Diet

  • Smoking

  • Pets

  • Stress management

  • Transportation to work

  • Various health factors (weight, blood pressure, etc.)

  • Wear seat belt

  • Own gun

  • Average sleep per night

  • Happiness level

  • Provide answers to each risk factor and get one's life expectancy.

    Based on my answers, my current life expectancy is 73. With a few improvements in exercise, weight and cholesterol, I can increase it to 83.

    For more on Reaping the Rewards, check back every Friday for a new segment.
    Photo Credit:, Kenn Kiser

    This is not financial advice. Please consult a professional advisor.

    Copyright © 2007 Achievement Catalyst, LLC

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