Interesting Fact - Death
New government guidance in the UK will tell pensioners how long left they have to live.
(Everyone approaching retirement in Britain will be told when they are expected to die.
The UK's Pensions Minister, Steve Webb, is asking pension providers to give people an "estimate" of their shelf life. Seemingly we usually underestimate how long we are likely to live, Mr Webb said, "Many people underestimate how long they will live. If you are thinking about this, what do you do? For best guidance you probably think about how long your grandparents lived, but that is two generations out of date... Retirees need to gain a sense of how long they might live to help make financial decisions."
(Everyone approaching retirement in Britain will be told when they are expected to die.
The UK's Pensions Minister, Steve Webb, is asking pension providers to give people an "estimate" of their shelf life. Seemingly we usually underestimate how long we are likely to live, Mr Webb said, "Many people underestimate how long they will live. If you are thinking about this, what do you do? For best guidance you probably think about how long your grandparents lived, but that is two generations out of date... Retirees need to gain a sense of how long they might live to help make financial decisions."
Thanks for the concern Mr Webb, but frankly, I would rather not know.)
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