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How many years of retirement can I expect?

Actuaries (financial specialists who calculate statistical probabilities based on facts and trends), have noted that growth in life expectancy in Australia has been increasing steadily for some time. Governments rely on actuarial calculations for planning purposes and, from time-to-time, they publish life expectancy tables to provide objective data to the public.

Men who are currently 55 years of age are expected to live until they are 82; another 27 years. Women who are now 55 years of age are likely to live until they are 86; another 31 years.


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Last Updated
8th of June, 2010

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