Finance

Have Finance Questions? Ask a Financial Expert Online.

# My gh school class has exactly 200 members still alive.

Customer Question
My high school class has...
My high school class has exactly 200 members still alive. For all practical purposes we are all 73 years old. What is the expected number of this group who will survive until our next reunion in 5 years?
Almost entirely white, mid-western people.
Submitted: 2 years ago.Category: Finance
Show More
Show Less
2/2/2016
Financial Professional: Lane, JD, CFP, MBA, CRPS replied 2 years ago
Lane, JD, CFP, MBA, CRPS
Category: Finance
Satisfied Customers: 13,759
Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986
Verified

73 Year Old Life Expectancy

____________________________

Life Expectancy (Female): 14.2 years

Life Expectancy (Male): 12.1 years

# ***** Out of 100,000 born: 73,028

_____________________

And of course this is an average, the healthier will skew toward 20 years, and the unhealthy toward 10yrs.

...

And likely stating the obvious here ...

Life expectancy, the average number of years a human is expected to live, varies due to many factors including current age, gender, race, and geographic location.

...

The average life expectancy for a 73 year old is 13.1 years. The top three causes of death among people this age are cancer, heart disease, and chronic lower respiratory diseases which contribute to an average death probability of 0.02660%. Despite advanced age, eating healthy and proper exercise can contribute to living a significantly longer, more healthy life.

..

If we look at the Social Security data the probably of a 73 year old dying within 1 year is 0.021467 (about 2%) ... Extrapolating that linearly (very generalized) this puts the likelyhood at 10% within 5 years. (Again a BIG average)

...

Using that VERY oversimplified math this puts the deaths out of 200 at 20

...

See this: https://www.ssa.gov/oact/STATS/table4c6.html

...

All of the real research in the area requires MUCH more input regarding health, smoker/non smoker, financial situation, family arrangement, and it goes on and on

...

Here is some interesting work: http://www.ubble.co.uk/

...

I used the ubble risk explorer you'll see on the site abov and when using age 70, and doing my best to answer something that would equate to average on all question the probability of dying withing 5 years came back a 5%n (so using this data, 10 out of 200)

...

...

But again, a healthy group, may put that at 2 to 3 out of 200.

Rakhi Vasavada, Financial and Legal Consultant
Category: Finance
Satisfied Customers: 2,608
2,608 Satisfied Customers
Experience: Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

A new question is answered every 9 seconds

• Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
• Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

## What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

## Meet the Experts:

Financial and Legal Consultant

2,608 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Certified Public Accountant (CPA)

2,218 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Tutor

1,920 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Eric

Financial Manager

559 satisfied customers

Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.

R. Klein, EA

Accountant

480 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dimitry K., Esq.

Attorney

332 satisfied customers

< Previous | Next >

Related Finance Questions
I have a consultancy job from an overseas company (UK). I
I have a consultancy job from an overseas company (UK). I get a paid a fee which I report to the IRS. Now this oversea company want to include me in their group pension plan. I don't have to pay anyth… read more
Barbara
Enrolled Agent, Paralegal
4,403 satisfied customers
I take care of my cousin and she works a part time job at
I take care of my cousin and she works a part time job at McDonald's and I just noticed that her w-2' have had the wrong social security number on them since she has worked there. So I have been filin… read more
Barbara
Enrolled Agent, Paralegal
4,403 satisfied customers
When you are applying for ITIN number using exception 4,
when you are applying for ITIN number using exception 4, what kind of documents you have to send to the IRS with the W7 form?… read more
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
Can 6-digits by itself be a case number for ADM Law Court
Can 6-digits by itself be a case number ***** ADM Law Court here in Washington State? This 6-digits is with my transaction for Online Banking with my bank. Have some numbers:629772,925633,644341,70252… read more
Mark Anderson
Attorney
Doctoral Degree
10 satisfied customers
When keeping my books. Do I record a loan of 185,000 as
when keeping my books. Do I record a loan of 185,000 as profit or income when it enters my business account? And do I record the monthly 7000.00 loan payments as expense?… read more
keeperumiami
Sr Financial & Tax Consultant
Bachelor\u0027s Degree
1 satisfied customers
On imports of our products with NHS code 8539.50.00, the
On imports of our products with NHS code 8539.50.00, the import tax I searched on this site https://hts.usitc.gov/ is reporting in the first column (GENERAL) 2% and in the second column 20%. Which of … read more
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
As an owner of 70+ residential rental properties, I own them
As an owner of 70+ residential rental properties, I own them all personally. I did not plan to grow so fast, and now I wonder if I should establish an LLC for the rentals to protect my personal assets… read more
ABC Accounting Group
Bachelor\u0027s Degree
737 satisfied customers
Do Diamond Resort Hawaii Collection timeshare points have
Do Diamond Resort Hawaii Collection timeshare points have any dollar value if attempted to be sold on the open market? If so, what would be the dollar value of 50,000 points?… read more
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
I just got another offer from them, can you please review it
Carter. I just got another offer from them, can you please review it and let me know if it is convenient Thanks… read more
Carter McBride
LLM
700 satisfied customers
I formed an LLC, S Corp election, on Sep 29 of 2017.
I formed an LLC, S Corp election, on Sep 29 of 2017. Eighteen days later, the other owner decided he wanted out. He had invested zero in the business, and the business had not yet had any revenue. All… read more
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
I got married 2 years ago and need to update my w4 and I am
I got married 2 years ago and need to update my w4 and I am lost! I don't really understand the questions on there … read more
taxmanrog
Master\u0027s Degree
866 satisfied customers
I am elderly and I would like to know where I can get a list
I am elderly and I would like to know where I can get a list of reputable Trust Co. in Dallas, TX. No BBB, they pay for their ratings… read more
Mark Anderson
Attorney
Doctoral Degree
10 satisfied customers
I received 3 financial gifts over the last year from my Mother. Three checks, one for 4,000, one for 8,000, and one last one for 14,000. I have not deposited the one for 14,000 yet. I was not sure wha… read more
Barbara
Enrolled Agent, Paralegal
4,403 satisfied customers
When applying for Rural business development grants and
When applying for Rural business development grants and loans through USDA. Do they have to be specifically used for one area or county only? Or can the loan be used split into different areas?For exa… read more
WiseOwl58
3,923 satisfied customers
I'm trying to get line of credit for \$300,000 using home
I'm trying to get line of credit for \$300,000 using home equity. what would be the estimated interest rate and monthly payment with credit score or 750?… read more
IRS Enrolled Agent, CFP(R),
Master\u0027s Degree
1,591 satisfied customers
What are some steps I can take to repair my credit after
What are some steps I can take to repair my credit after defaulting on student loans? The rest of my credit history is not perfect, but decent. Only a few late payments a few years back.… read more
Mark Anderson
Attorney
Doctoral Degree
10 satisfied customers
I have a quick question. My husband got offered a job on a
my husband got offered a job on a 1099 basis with a rate of \$75 x hour. Now thay are saying thet they will pay \$65 per hour on a W2, Thye will cover the employeer portion and my husband will pay the Employee tax portion Is this comparable or are they lowering his rate? This is for the state of Virginia on a Federal contarctor job poffer … read more
Carter McBride
LLM
700 satisfied customers
I've recently been given a \$20k check from my dad and I was
I've recently been given a \$20k check from my dad and I was looking to open an IRA account and make a contribution for last year and this year. However, I have no knowledge as to how to go about this … read more
TaxRobin