SAN DIEGO — Death and taxes may remain life's only pair of certainties, but if the last several decades have shown us anything, it's that death's taking longer to show up, while we can't seem to keep the taxman from coming back.
In his presentation Monday at the 2015 NAPA 401(k) Summit here, John Blossom Jr., president and CEO of Alliance Benefit Group of Illinois preached about the importance of aggressive — and creative — longevity management.
Over the last 60 years, the average lifespans for both men and women have crept up roughly 10 percent, from 77.9 for men to 86.6 (while women have jumped from and average of 80.9 years to 88.8 years). Worse (or better, I suppose) is that most 65-year-olds can expect to live anywhere from 10 to 20 years.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
