Loading calculator…
Loading calculator…
Estimate your lifespan based on health and lifestyle factors to better plan your retirement corpus and avoid longevity risk.
Estimated Life Expectancy
Plan your retirement corpus to last at least until this age.
30
Years lived
47
Years to plan for
When planning for retirement, one of the biggest unknowns is how long your money needs to last. This is known as Longevity Risk—the risk of outliving your savings.
If you plan your corpus to last until age 75, but you live to be 90, you will face 15 years of retirement with no savings. It is always safer to overestimate your lifespan when calculating your required retirement corpus.
With continuous improvements in medical science and healthcare, average life expectancies are rising globally. Many financial planners now recommend planning for a lifespan of 85 to 90 years.
Life expectancy determines how many years your retirement corpus needs to last. Underestimating your lifespan (Longevity Risk) is one of the biggest reasons retirees run out of money. It's safer to plan for a longer life (e.g., up to age 85 or 90) to ensure financial security.
Longevity risk is the risk of outliving your savings. With advancements in healthcare, people are living longer. If you plan your retirement corpus for age 75 but live until 90, you will face 15 years without adequate income.
This calculator provides a rough estimate based on general statistical averages and common health factors. It is not a medical prediction. Individual lifespans can vary significantly based on genetics, environment, and unforeseen medical events.
You can protect against longevity risk by: 1) Building a larger retirement corpus, 2) Purchasing an annuity (which pays for life), 3) Delaying retirement, or 4) Investing a portion of your corpus in growth assets (like equity) to beat inflation over a longer period.
Yes, statistically, women tend to live longer than men globally. In India, the average life expectancy for women is generally a few years higher than for men. This means women often need a larger retirement corpus to sustain them over a longer period.