Florida Estate Planning and Probate Law Blog focused on recent case law and planning ideas.

FUTURE LIFE EXPECTANCY DECLINE FOR THOSE RESIDING IN THE UNITED STATES?

While the life expectancy at birth for residents of industrialized nations will continue to increase in the future the same is not expected in the United States. The life expectancy for US residents is expected to be on par with those in Mexico (women) and the Czech Republic (men). In contrast, South Korean women and Hungarian men are projected to make the largest overall gains (with South Koreans second among males). It is anticipated that South Korean women will live to an average of 90 years old by 2030 (the first time a population will break the 90-year barrier). While US residents are anticipated to gain a couple of years of life expectancy between 2010 and 2030, predicted lifespans will remain in the early 80's for women and late 70's for men (83.3 for women and 79.5 for men in 2030, up from 81.2 for women and 76.5 for men in 2010). The reasons for the small growth are the highest infant and maternal mortality rates, the highest obesity rate, and the “largest share of unmet health-care needs due to financial costs.” In December, the U.S. government reported that life expectancy had declined in 2015 for the first time since 1993 as death rates for eight of the 10 leading causes of death, including heart disease, rose.