# Life expectancy

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## Life expectancy

The length of time that an average person is expected to live, which is used by insurance companies use to make projections of benefit payouts.

## Life Expectancy

The length of time the average person is anticipated to continue living. An insurance company may use the "official" life expectancy of a person at a certain age in determining the risk of a life insurance policy or annuity. Likewise, the IRS uses the average life expectancy to determine the required minimum distribution from IRAs. Often, the official life expectancy has only a rough relationship with an individual person's actual life expectancy.

## Life expectancy.

Your life expectancy is the age to which you can expect to live. Actuarial tables establish your official life expectancy, which insurance companies use to evaluate the risk they take in selling you life insurance or an annuity contract.

The Internal Revenue Service (IRS) also uses life expectancy to determine the distribution period you must use to calculate minimum required distributions from your retirement savings plans or traditional IRAs.

However, your true life expectancy, based on your lifestyle, family history, and other factors, may be longer or shorter than your official life expectancy.

References in periodicals archive ?
This means that within the seven year average lifespan of a mobile phone most of us will go through around three or four handsets.
This is why actuaries predict that babies born in the year 2000 will have an average lifespan of one hundred years.
In Britain, for example, the average lifespan has increased by 11 more years in the past 44 years - three months per year, just like in the 19th century.
eir average lifespan is just 20 years and it is 100 per cent fatal.
With an average lifespan of 5-6 years, the switches we recently purchased will need periodic replacement in 2017 to ensure the city maintains currency in technology within the network architecture structure.
We keep getting told the average lifespan (for a manager) is 13 months and another good young manager has just lost his job.
But as things stand, the national average lifespan for men is 79.
Noting that the average lifespan of a Chinese enterprise is only 4.
The average lifespan for such a tiger in captivity is 15 to 26 years, according to the San Diego Zoo's website.
But in those years the average lifespan of US residents has increased substantially due to better nutrition and healthcare.
The researchers found that SRT1720 significantly extended the average lifespan of mice by 8.
What is the average lifespan of a housefly: twenty days, twenty weeks or twenty months?

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