Life expectancy is always an important topic in the world of pensions and financial planning. Considering how long we might live is an important assumption to make when creating a long-term financial plan. For the purpose of retirement planning, you need to be confident that you won’t run out of money before you run out of life. In recent months, there has been much speculation that the recent history of rising life expectancy is now slowing down. New official figures show that life expectancy in the UK has been increasing for a number of decades, until recently.
What the slowdown in life expectancy improvements means for your financial planning
This 775 word blog post considers the latest official figures showing a slowdown in life expectancy improvements in the UK and the consequences of this change for financial and retirement planning. Written on 8th August 2018.