New Census Bureau Data! Top 10 States for Share of US Population: Ages 105 and Up. What it means. Long-term Care Expenses. Life Insurance.
Curated Content

[New Census Bureau Data!] Top 10 States for “Ultra-Longevity”

  • May 31, 2023

— May 31, 2023 —
Published in Life Health > Annuities
on ThinkAdvisor.com
Written by Allison Bell

New Census Bureau Data — Top 10 States for Share of US Population: Ages 105 and Up

The number of U.S. residents ages 105 and older shows that extreme longevity risk is a real concern. Some popular income planning strategies could falter when a client reaches a very old age. Today, for example, the typical permanent life insurance policies used in life insurance and long-term care planning mature at age 121, but older policies used in some very long-lived clients’ income planning arrangements may mature when the insured reaches age 95 or age 100.

Allison Bell, ThinkAdvisor.com
For numbers for all 50 States and the District of Columbia, see the table on ThinkAdvisor.com

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