Life expectancy

(redirected from Life-span)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.

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 ?
For many, the Life-Span Design features of Champion's Generations home could be the difference between living and living comfortably.
Super's (1990) life-span, life-space approach was presented as a life-career rainbow of life roles in a schematic life space.
Dunkle (1996) discussed the interplay of lesbian and gay identity development with career development and suggested that career counselors may find Super's (1990) life-span approach to career development to be a useful framework.
of Texas-Dallas) provides a textbook for a course in life-span development that is short enough for all stages of life to be covered in one term.
If the client identifies any dysfunctional beliefs regarding his or her abilities or the work environment, cognitive restructuring of these beliefs is integrated into a life-span, life-space approach (Super, 1990) during the assessment, diagnosis, and counseling stages.
In addition to having the most robust life-span of today's media, Platinum discs also offer uniform compatibility across CD-ROM drives giving users complete confidence that their disc will be read any where, any time.
A topical approach to life-span development, 5th ed.
Schulz's (1995) Life-Span Theory of Control are used to frame Sue's career development, identify her current control orientation, and assist her in making the transition from compensation to an optimizing strategy.