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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Life Expectancy  

Definition 1.

1. The age until which a person is expected to live. 2. The remaining number of years an individual is expected to live, based on IRS issued life expectancy tables. The life expectancy, for Required Minimum Distribution calculation purposes, is determined by the current age of the individual.
 

Definition 2.

How long a given person is expected to live; useful for insurance premium calculations.
 
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