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Old 07-11-2019, 12:08 PM   #21
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All the calculators have me going to 90.

Dad's dad lived to 92, although he started breaking down around 87.
Dad's mom is 87 and just started occasionally using a cane, stopped driving.
All other relatives are still alive (with exception of moms mom Cancer/dad Alcohol)
Looked back at dad's family history most men lived into late 80s.

I am very active (regularly run races, swim/bike/ski)
I eat fairly healthy but processed and sugar/fats catch me off guard sometimes.
DW lives a similar healthy life.

All of these factors lead me to plan to 99. I realize I still have like a less than 20% chance once I reach 85, but with knowing the above..I gotta "go long".
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Old 07-11-2019, 12:50 PM   #22
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Originally Posted by RISP View Post
The first projects me at 94, the second at 85. Same answers. I'll believe #1.
Well, OK but not all the questions asked were the same. Interestingly, in my case both yielded the same age: 96.
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Old 07-11-2019, 12:57 PM   #23
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Really - you don't grasp that time is greater than money?
That's what the charts said to you?
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Old 07-11-2019, 01:51 PM   #24
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Both charts 'ballpark' DW and I at around 90. When I did this exercise just before I retired 3 years ago, we both ballparked around 85. I had to break it to DW her newfound longevity, and she was not that thrilled. I think she saw how her mother aged (poorly) and imagines that.
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Old 07-11-2019, 03:50 PM   #25
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Yeah, the mileage thing has me a little worried...oh well, too late now!
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Old 07-11-2019, 06:00 PM   #26
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That's what the charts said to you?
Yeah, I would've thought that some people would be surprised how long they might reasonable live, and get a little nervous about FIREing too early.
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Old 07-11-2019, 06:52 PM   #27
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Yeah, I would've thought that some people would be surprised how long they might reasonable live, and get a little nervous about FIREing too early.
I'm glad to see at least one person gets it.
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Old 07-11-2019, 11:06 PM   #28
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Originally Posted by dadu007 View Post
I came to this website from my employer's 401k retirement planning page.


Just another predictor of your longevity with some good visuals:


http://www.longevityillustrator.org/Profile?m=1


Mod edit: *Subject should be: Actuaries Longevity Illustrator
Try this one.

https://www.blueprintincome.com/tool...g-will-i-live/
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Old 07-11-2019, 11:20 PM   #29
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75%
Chance you'll live to
70
Your life expectancy is a bit less than other people your age, (9.8 years less than average).

Your Estimated Life Expectancy =75

... that would be a major delight to my GP ( and cardiologist ) ( even the 70 figure )
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Actuaries Longevity Illustrator
Old 07-11-2019, 11:49 PM   #30
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Actuaries Longevity Illustrator

Of the 3 more detailed links, one has me living till 96, one 97, and one 98. Our planning horizon is 95, and projects that even then we will have quite a bit of money left. I figure if I really live to 95+, I may not know whether I have money or not.

It did occur to me that all of these calculators are provided by insurance companies trying to sell annuities. Hmmmm ...
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Old 07-12-2019, 08:26 AM   #31
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I figure if I really live to 95+, I may not know whether I have money or not.

It did occur to me that all of these calculators are provided by insurance companies trying to sell annuities. Hmmmm ...
'Aye, there's the rub'. What if our older brains can't manage the money. We've seen it with relatives, and and IMO is a selling point for annuities or something like them, hence the connection you noticed. An annuity could limit our losses and may be easier to sign over to the nursing home. Or not. So is the annuity salesperson now better than the later in life unscrupulous people you might meet or be related to? Instead of pondering it, I'm going to have an alcoholic beverage instead. According to that detailed calculator, people who drink live a couple months longer than people that don't drink
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Old 07-12-2019, 10:48 AM   #32
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Based on that calculator I got the answer to the SS question.

"Based on your life expectancy, it could make sense for you to begin Social Security earlier in your retirement."

There you have it. Now I know what to do. I'll assume by "earlier" it means 62.

But, if I were to start drinking a couple drinks a day, my life expectancy goes up and I'm back to:

"Based on your life expectancy, it makes sense for you to consider how to maximize sources of guaranteed lifetime income (like Social Security and annuities)."

So, I can start drinking and buy an annuity, or not drink and get my SS at 62
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