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Investments glossary

Life Expectancy


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Quotes of the day:

a good tooth, gets no gold

— Severin Meiland

Life expectancy is the statistical age that a person is expected to live until, based on actuarial data. There are many uses for it in the financial world, including life insurance, pension planning, and U.S. Social Security benefits. In most countries, the calculations for this actuarial age is derived from a national statistical agency based on large amounts of data.

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