Many insurers will not offer term policies to applicant 70 of age or older, although with rising life expectancies mean policies are becoming more wisely available to applicants throughout their sixties. (insuranceindepth.com)
At the same time, with rising life expectancy the number of years spent in retirement has increased dramatically, health care costs are high and rapidly rising, and interest rates are at historic lows. (marketwatch.com)
Notwithstanding rising life expectancy and declining workplace pension coverage, most Canadians working today can look forward to a longer retirement with a better quality of life than their parents. (canadianbusiness.com)