What are the odds of a non-smoker dying before retireent?

[JEDI]

From this THREAD about saving $.

What are the statistics of the avg non-smoker, non-drugie male dying before age 65?

Just weighing sacrifice a little now for a good retirement vs SSSPPPPEEEND like there is no tommorow and get instant gratification.

 

[MercenaryForHire]

TONIGHT WE DINE IN HELL

- M4H

 

[Turin39789]

Originally posted by: JEDI
From this THREAD about saving $.

What are the statistics of the avg non-smoker, non-drugie male dying before age 65?

Just weighing sacrifice a little now for a good retirement vs SSSPPPPEEEND like there is no tommorow and get instant gratification.

70% maybe more?

 

[IGBT]

...do a little actuarial reseach to answer your question and look to your own family history to complete the picture. Nothing worse then being 65 and arse out broke cause you thought every day was the end of the world.

 

[iroast]

Alot of factors to consider: Do you exercise? Family history of illness? How often do you drive on the freeway/highway? How often do you go camping/hiking/rafting? Also, accidental death at home is usually in the bathroom.

 

[kranky]

The problem with "spend it all now" is that you can't afford to get to retirement age and have nothing to live on. My neighbor lost his job last year, he's in his 50's, and it looks like he's going to have to settle for a job paying about half of what he used to make. Unfortunately for him (and his family), he was "just about to start" saving for retirement.

Now he's looking at either a very bleak retirement or else working into his 70's.

Consider that it's quite possible to have a great time in life without having to spend everything you make.

 

[Vic]

Impossible to know. I just had a relative (not blood-related, sister's in-law) die of cancer a few weeks ago at the age of 34. Non-smoker, never abused drugs, had full healthcare benefits. Happened quite suddenly, so it came as quite a shock.

Anyway, my point is that odds are for insurance companies, as they tend to overlook the individual picture.

 

[spaceman]

either you will live to retirement or you wont.

 

[Captante]

One thing to keep in mind is that continuing to work past the so-called retirement age seems to result in a longer & healthier life for many people... not that I advocate skipping any savings for retirement, but 65 is too young to automaticaly drop completely out of the workforce now, never mind in 2- to 30 years.

 

[Tiamat]

Not very good. Look at all the baby boomers on the verge of retirement who are going to cause social security to Ka-boom. Now, if most of them were all killed over, then I might say, ehh, just spend spend spend!

In fact, probably doesnt matter that you are a non-smoker. Medicine has improved such that you probably wont be dying very soon short of catastrophy.

 

[jupiter57]

Wait until you have children, then you surely would want them to have something, and want to be sure to leave them something when you do die.
Or better yet, Grandchildren!
I try to take good care of both my Daughter and Grandson (Though she and her husband do quite well on their own), but I still want the boy to have something from his old GranPa, even if it's just money!