The number of years a person of a given age is statistically likely to live, based on mortality data. Life expectancy is used by insurance companies to price life insurance and annuity products, and by retirees to estimate how long their savings must last. The Social Security Administration publishes actuarial life tables showing life expectancy by age and sex. See Lifespan, Healthspan
Glossary
Life Expectancy
Your A‑to‑Z Glossary of Financial Terms
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a
- ACA
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b
- Balance Sheet
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- Beneficiary
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- Broker-Dealer
- Brokerage Firm
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c
- Call Option
- Capital Asset
- Capital Gain
- Capital Gains Tax Rate
- Capitalism
- Captive Agent
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- Cash Reserves
- Cash Value
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- Catastrophizing Bias
- Central Bank
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- Certified Financial Planner®
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d
- Dealer
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- Decedent IRA
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e
- Earned Income
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- Earnings
- Economic Indicator
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- Employee Benefit
- Employer Match
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- Equifax
- Equities
- Equity
- Estate
- Estate Planning
- Estate Tax
- Exchange
- Exchange-Traded Fund
- Excise Tax
- Exclusion
- Executor
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- Expenses
- Experian
- Exposome
f
- Face Value
- Fascism
- FDIC
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- Federal Deposit Insurance Corporation
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- FICA
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- Fiduciary
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- Financial Firm
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- Fitch
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- FOMO
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- Form 1040
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- Futures Contracts
- FX
- FX Futures
g
- GDP
- Grantor
- Grantor Trust
- Greed
- Gross Domestic Product
- Gross Income
- Guaranteed Lifetime Income
- Guardian
h
- Harry Markowitz
- Health Care Power of Attorney
- Health Insurance
- Health Savings Account
- Healthspan
- Hedge
- Hedge Fund
- Heirs
- Herd Mentality Bias
- High-Deductible Health Plan
- High-Yield Bond
- Hindsight Bias
- Home Equity
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- Home Equity Loan
- Hospital Insurance
- Howey Test
i
- Illusion of Attention Bias
- Illusion of Control Bias
- Immediate Income Annuity
- In Force
- Income
- Income Tax
- Independent Insurance Agent
- Index Funds
- Index Investing
- Indirect Tax
- Individual Retirement Account
- Inflation
- Inflation Rate
- Inheritance Tax
- Inherited IRA
- Institutional Investors
- Insurance Agent
- Insurance Cap
- Insurance Claim
- Insurance Company
- Insurance Contract
- Insurance License
- Insurance Policy
- Insured
- Intangibles Tax
- Interest
- Interest Rate
- Interest Rate Risk
- Internal Revenue Code
- Internal Revenue Service
- Intuition Bias
- Investment Advisers Act of 1940
- Investment Advisor Representative
- Investment Bank
- Investment Contract
- Investment-Grade
- Investment Manager
- IRA
- IRS
- Issuer
j
- Joint and Survivor
- Junk Bond
k
- Key Person Insurance
- Kidnap and Ransom Insurance
l
- Lagging Indicator
- Landlord
- Lapse
- Large-cap
- Leading Indicator
- Liabilities
- Lien
- Life Expectancy
- Life Insurance
- Lifespan
- Liquid
- Liquidity
- Living Will
- Loan
- Loan Agreement
- Long-Term Capital Gains
- Long-Term Care
- Long-Term Care Insurance
- Longevity
- Loss Aversion
- Lump Sum
m
- Major Medical Insurance
- Marginal Tax Rate
- Market Capitalization
- Market Correction
- Market Sector
- Maturity
- Maturity Date
- Medicaid
- Medical Expense Insurance
- Medical Expenses
- Medicare
- Medicare Part A
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- Medicare Part D
- Mental Accounting Bias
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- Modern Portfolio Theory
- Modified Adjusted Gross Income
- Money Manager
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- Moody’s
- Mortgage
- Mortgage-Backed Securities
- Mortgage Interest
- Municipal Bond
- Mutual Funds
n
- Nasdaq
- National Credit Union Administration
- Net Investment Income Tax
- Net Profit
- Net Worth
- New York Stock Exchange
- NGO
- Non-Deductible IRA
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o
- Obamacare
- Offshore Account
- Opportunity Cost
- Optimism Bias
- Options Contract
- Ordinary Income
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- Out of Force
- Out-of-pocket
- Over-the-Counter
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- Overtime Pay
p
- Passive Income
- Passive Management
- Pattern Recognition Bias
- Payroll Tax
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- Pension Fund
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- Permanent Life Insurance
- Personal Finance
- Pessimism Bias
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- Policy Limit
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- Premium
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- Prenuptial Agreement
- Primary Beneficiary
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- Private Equity
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- Probate
- Profit
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- Proof of Stake
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- Property and Casualty insurance
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- Proud Papa Bias
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- Put Option
r
- Real Estate
- Real Estate Investment Trust
- Realized Capital Gain
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- Recession
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- Rent
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- Retirement Planning
- Revenue
- RIA
- Risk
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- Rollover
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- Royalty
- Rule of 55
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s
- Salary
- Sales Tax
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- Second Mortgage
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- Securities
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- Self-Employment Earnings
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- Separation of Service
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- Short-Term Capital Gains
- Single-Life Option
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- Small-Cap
- Small Sample Size Bias
- Social Security
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- Socialism
- Soft Dollar Compensation
- S&P
- S&P 500 Stock Index
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- Speculative-Grade
- SPIVA Scorecard
- Spousal IRA
- Spread
- Stablecoins
- State Income Tax
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- Status Quo Bias
- Stock
- Stock Exchange
- Stock Market
- Stockbroker
- Strike Price
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- Suitability
- Surrender
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t
- T-Bills
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- Tax Avoidance
- Tax Code
- Tax Credit
- Tax-Deductible
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- Tax-Deferred
- Tax-Efficient
- Tax Evasion
- Tax Exclusions
- Tax Exemptions
- Tax-Free
- Tax-Loss Harvesting
- Tax Rate
- Tax Refunds
- Taxable Income
- Taxes
- Term Certain
- Term Life Insurance
- Thrift Saving Plan
- Tips
- Tokens
- Trades
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- Travel Cancellation and Medical Evacuation Insurance
- Treasury Bills
- Treasury Bonds
- Treasury Notes
- Trip Insurance
- Trust
- Trustee
- Trustee-to-Trustee Transfer
- Trustor
- Tuition Prepayment Plan
u
- U.S. Securities and Exchange Commission
- Umbrella Liability Insurance
- Underwriting
- Unemployment Rate
- Universal Life Insurance
- Utmost Good Faith
v
- Value-Added Tax
- Variable Annuity
- Variable Expense
- Variable Life Insurance
- Volatility
w
- Wages
- Waiting Period
- Ward
- Wealth Management Industry
- Whole Life Insurance
- Will
y
- Yield
z
- Zero-Coupon Bonds