(edited by Afolabi Thomas)
You may remember that the Office of National Statistics had a release on life expectancy a while ago, and it turned out that people in the UK have been living longer for reasons we can’t fully explain. However, there could be correlation with the proper medication we receive in the UK and possibly our eating habits, with the length of life we have been given. As of today, 1 in 10 men and 1 in 5 women at age 55 will live to 100, and there’s an added bonus for living a century. Those who live up to this age will receive a telegram from The Queen.
Now since we are beginning to live longer, it wouldn’t be a bad decision on estimating how long. With the use of the new life expectancy calculator you can have an idea for how far ahead your financial planning must be.