Sunday, February 22, 2015

North Americans Living Longer

North Americans are living longer than ever, and the life expectancy gap between men and women continues to shrink.

Canadian life expectancy at birth reached a new high of 80.9 years during the period from 2006 to 2008, up 0.2 years from 2005 to 2007, according to a new report from Statistics Canada. Read more from the Globe and Mail.

A baby born in the U.S. in 2012 will live to a record 78.8 years old on average, as life expectancy grew and fewer Americans are dying from heart disease, cancer and other chronic illnesses. Read more from Bloomberg.com

On one side of the equation, this is great news. On the other side, questions that need to be asked might include:

  • If still working, do I need to think about ways I can work beyond my early 60s?
  • If retired, am I going to be OK if I/we live into our 90s?
  • Am I saving enough towards retirement?
  • What is my world going to look like in 25 years?

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