Life Expectancy And The New Underwriting
September 14, 2021 by Robert Goldstone
For the first time in many of our lifetimes, life expectancy in the United States has declined. Not only did it just not go up as much as we expected—it actually declined. The fall of 1.5 years in 2020 from 78.8 years to 77.3 was the steepest decline since World War II, and the last time actual life expectancy was so low was in 2003 according to the National Center for Health Statistics. That last year of significant decline was in 1943, when the United States was at war and the presumed drop was accountable to casualties during that time.