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Don’t Make Me Say I Told You So                                      3




        Marching to Immortality?



        What are the odds of you or your spouse living to a ripe old age?
        How long do you need to plan to be retired? The average life

        expectancy of Americans jumped more than 60% in the past
        century, with women recently crossing the mark of age 80. Here

        are the most recent figures:


             Life Expectancy at age 65       make this
                                             comma a period
         100%


         80%


         60%


         40%


         20%


          0%
                75 years   80 years   85 years   90 years   95 years  100 years
              There are a number of different studies and figures,
                                                         At Least One Person in a Marriage
                                     Men
                  Women
              but women, on average, live three to five years longer
                                  Source: Social Security Administration, Period Life Table, 2013 (published 2016)
              than men. Almost half of all women over age 65
                                    Table: Social Security Administration 2016 OASDI Trustees Report.
              outlive their husbands by 15 years.
        Also, longer life expectancies can have an even more profound
        impact on women. Women, on average, live seven years longer
        than men; approximately half of all women over 65 outlive their

        husbands by 15 years. This means that many women will lose a





                              Chapter 1: The New Retirement
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