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Old 04-28-2013, 11:14 AM   #21
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Well, my father lived to 89, but my mother died at 57, of a syndrome she passed on to me. I'm now 58 and delighted. As I see my inlaws at 91, I'd rather never be in their position. But what happens, will happen.
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Old 04-28-2013, 02:47 PM   #22
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Guaranteed demise before age 150. Unless I manage to covert my carbon based unit to silicone based. With non-volatile memory and skill set. Yeah, right.
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Old 04-29-2013, 10:04 PM   #23
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I used the Vanguard calculator and liveto100 as starting points for my best guesses. For FireCalc I use 40 years (age 90). I will re-evaluate every 5 years or so during retirement to determine if I need to make any changes.
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Old 04-29-2013, 10:33 PM   #24
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Quote:
Originally Posted by braumeister View Post
I'll eat when I 'm hungry , I'll drink when I'm dry,
And if the whiskey don't kill me, I'll live till I die.

Missed that one, so thanks for posting. Although it was released before I was born, it's going on my iPod
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Old 04-29-2013, 10:41 PM   #25
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I went to livingto100.com and ran their stuff. Probably safe since they didn't really ask what my DNA had to say. It said 94, so I've been using 95 in Firecalc. What do you use, and how did you decide on it?
That's what I did. Then added a few years.
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Old 05-02-2013, 07:02 PM   #26
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Used family history. Figured I'm good to 75, DW 90 - 100.
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Old 05-02-2013, 07:15 PM   #27
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livingto100 says 95, so I am using 97.
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Old 05-03-2013, 12:49 AM   #28
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I go by family history mostly, figuring (and livingto100.com agrees) I'm history early/mid 80's so I use 85 in the calculators. All the women on my wife's side live to the early/mid 90's so I use 95 for her.
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Old 05-03-2013, 03:16 AM   #29
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The calculator gave me 95 years.
This is in line with the life span of almost all ladies in my family for at least one century. 40 more years to go.
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Old 05-03-2013, 12:53 PM   #30
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Calculator said 98 for me. Looks like I need to increase the FireCalc calculation out another 5 years.
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Old 05-03-2013, 01:03 PM   #31
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As I'll continue to add to my portfolio after I retire my life expectancy isn't an issue in my financial planning, but I hope to live a long and happy life and not really have to consider it.
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Old 05-03-2013, 05:18 PM   #32
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livingto100 gives me 98, but I've always used 100 as my default.

The constantly improving state of modern healthcare is astounding, and likely to become more and more astounding as time goes by.
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Old 05-03-2013, 06:24 PM   #33
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Based on life expectancy at birth... we've already overstayed by 16 years.

Life Expectancy at Birth by Race and Sex, 1930–2010 | Infoplease.com

.................................................. .............................................
For planning purposes, each year we look at our 3 budget choices, depending on whether we're on-plan or not.
Optimum
Nominal
Austerity

Fall back options... To sell our camp, our Florida Mobile, Our permanent home. So far, so good, and we're still on our (frugal) optimum budget, but when I go to the "How long will you live?" website
How Long Will I Live? - Life Expectancy Calculator
it gives these estimates:
Quote:
Life Expectancy: 91.66 years
Lower Quartile: 86.03 years (75% chance you will live longer than this)
Median Lifetime: 91.12 years (50% chance you will live longer than this)
Upper Quartile: 96.83 years (25% chance you will live longer than this)
So... If it's the lower quartile, Optimum budget,
the median quartile, the Nominal budget
the upper quartile, we join the Hemlock Society.

BTW we've both already outlived 90% of our immediate family members.

Truth be told, at this stage, we're happy to wake up in the morning.
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Old 05-03-2013, 06:55 PM   #34
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Hmm, what number should I use 29 or 27 years left?.....I live in the US, I'm male and 55 so I should live another 27 years, but if I move back to the UK would my life expectancy go up to 29 years (UK life expectancy is longer by a couple of years).....sort of shows how meaningless to the individual actuarial tables are. They are for populations not people.
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Old 05-03-2013, 06:57 PM   #35
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Judging from the previous posts' guesstimates, I see why insurance companies are profitable selling annuities, whereby they use 81 as their actuarial over/under. With that said, I use 100 'just to make sure'
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Old 05-03-2013, 07:04 PM   #36
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No need to estimate. My probability of mortality will be 100%.
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Old 05-03-2013, 07:34 PM   #37
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This calculator gave me to 106. Usually they range 95-99. 106 sounds like I just might be able to get a Google car.
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