The same old story: living to 90 a risky business [Australia]
Australians have the second-longest average life span among the people of the 30 nations that make up the “rich country’s club” — the OECD. Only the Japanese live longer.
Today’s average life span of an Australian at birth is about 81 years — some 25 years longer than a century ago — and rising.
Many Australians — especially baby boomers now leaving the paid workforce or already retired — are surprised when they learn about their own life expectancy.
In a report enticingly titled Beyond Three Score Years and Ten: Prospects for Longevity in Australia, Heather Booth and Leonie Tickle point out that on average a woman aged 50 years has the prospect of a further 38.8 years of life and a man 34.4 years. Among baby boomers, 52 per cent of females and 34 per cent of males can expect to see out their 90th birthday.
Post from: Reverse Mortgage Loan Blog
The same old story: living to 90 a risky business [Australia]
