New retirees overly-pessimistic about life expectancy

James Phillips
clock • 3 min read

Soon-to-be and recent retirees significantly underestimate their longevity, expecting a lower chance of survival to old age compared to official estimates, according to the Institute for Fiscal Studies (IFS).

Savers in their 50s or 60s gave, on average, a 20 percentage point smaller chance of living to age 75 than official estimates, as calculated by the Office for National Statistics (ONS), and a five ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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