Beyond three score years and ten: prospects for longevity in Australia

2017-05-04T05:37:33Z (GMT) by Booth, Heather Tickle, Leonie
Most estimates and projections of life expectancy are based on period measures. This paper presents forecasts of cohort life expectancy for older generations derived using the Lee-Carter method of forecasting mortality. These cohort measures point to more years of life expectancy than the commonly cited current period measures. The new forecasts also indicate a more rapid increase in future life expectancy than official projections assume. Policy-makers and those planning retirement should take into account that Australians are likely to live longer than currently envisaged Copyright. Monash University and the author/s