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Registration for free estate planning seminars is now open.
Today’s Chart of the Day from JP Morgan shows the probability of how long you'll live if you reach age 65. We often hear the average lifespan is 74 years, but if you make it to 65, your odds to live past 74 are significantly higher. For instance, if you are a woman in good health, there is a 50% chance you will make it to age 90.
In financial planning we often use the average age of 95 for your “terminus” and do so because there is still a 31% chance that a woman will live that long. In addition, all of this also assumes there are no advances to healthcare in the next 30 years, which would only help the odds.
Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.