Wisdom

How Much Runway Do We Really Have?
Longevity Planning Sherry Finkel Murphy, CFP®, RICP®, ChFC®, Founder/CEO Longevity Planning Sherry Finkel Murphy, CFP®, RICP®, ChFC®, Founder/CEO

How Much Runway Do We Really Have?

Have you heard the expression “thanatological age”? It refers to the average number of years you are expected, actuarially, to live. While insurance people are familiar with the term (although I can never pronounce it) the public at large is not. If you subtract your chronological age from your average life expectancy, what you have is your thanatological age. And 50% of us will live longer than this age.

That’s how averages work. 

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