Two weeks ago, the Society of Actuaries, a professional association of 24,000 actuaries, updated the mortality tables it released last fall.

The latest tables show an "ever so slightly lower" rate of improved mortality than what was calculated in 2014, according to Dale Hall, managing director of research at SOA.

The longevity projections the SOA released in 2014—the tables were last updated in 2000—showed the average 65-year old male would live to be 86.6, and the average 65-year old woman could expect to live to 88.8.

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Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.