Life expectancy has been going up for decades. However, now it is going down.
Life expectancy has been rising for decades for Americans but it has now gone into reverse, according to the Financial Advisor in “Americans Are Dying Younger, Saving Corporations Billions.”
It is not certain yet whether this is a statistical aberration or the start of a long-term trend.
The change is significant enough, however, that it can now be used in long-term macroeconomic forecasting.
Another thing that is not certain is the reason for the change.
Many people believe it is a result of economic trends in Middle America, which are believed to have contributed to an increase in alcoholism, suicide, and opioid abuse.
On an individual level, of course, this does not mean that you should do anything differently.
An estate planning attorney can guide you in planning for your retirement and in creating an estate plan that meets your needs.
Reference: Financial Advisor (August 8, 2017) “Americans Are Dying Younger, Saving Corporations Billions.”
