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Retiree Longevity Risk Heightens |
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Rebecca Moore – 06/12/2008
The
risk of outliving savings in retirement is now a little greater as
preliminary data for 2006 shows that life expectancy hit another record
high.The age-adjusted
death rate fell to 776.4 deaths per 100,000 in 2006 from 799 deaths per
100,000 in 2005, pushing life expectancy higher, according to the
Center for Disease Control’s National Center for Health Statistics.
Life expectancy at birth hit a new record of 78.1 years, up 0.3% from
2005.
According to the announcement, record high life
expectancy was recorded for both white males and black males (76 years
and 70 years, respectively) as well as for white females and black
females (81 years and 76.9 years).
The CDC said the decline in number of deaths is
unusual considering the growing older population, but is likely because
of a very sharp drop in mortality from influenza and pneumonia (12.8%
decline). Death rates for eight of the 10 leading causes of death in
the United States all dropped significantly in 2006.
The data is based on more than 95% of death
certificates collected in all 50 states and the District of Columbia as
part of the National Vital Statistics System.
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