Lifespan In The U.S. Falls, But The Wealthy Are Living A Decade Longer
Ah, lifespans. They ain’t what they used to be.
Two disturbing studies have shown that life expectancy in the U.S. is on the wane, as more people die from illnesses, and that wealthy Americans have a substantially longer lifespan than poor Americans. The National Center for Health Statistics, reported the Huffington Post, released a study showing that in 2015, Americans’ mortality rate from a variety of illnesses rose sufficiently to drive down life expectancy for the first time in more than 20 years.
While the drop wasn’t large, at 0.1 percent, it marks a move in the wrong direction. In 2014, life expectancy was 78.9 years at birth, but in 2015, that slid to 78.8 years. And that’s not a direction in which most people want to be going. The report said that diseases claimed more lives in 2015 than in the year before, with age-adjusted death rates increasing overall by 1.2 percent. They rose from 724.6 deaths per 100,000 standard population in 2014 to 733.1 in 2015.
In addition, death rates for eight of the 10 leading causes of death, including heart disease, chronic lower respiratory diseases, unintentional injuries, stroke, Alzheimer’s disease, diabetes, kidney disease and suicide, rose. Cancer on the other hand, saw its death rate fall.
And where was the death rate most increased? Among the poor, non-Hispanic white males, non-Hispanic white females, and non-Hispanic black males.
As these statistics worsen over time, and health and wealth both decrease throughout the general population, it becomes more clear that saving and planning for your future is necessary. Choosing the right financial planning expert might seem like the last item on your list when it comes to your health, but knowing that you will not go bankrupt after retirement should a medical emergency arise can help to make sure that you live a longer, happier, and healthier life.
Source text and full article: http://www.benefitspro.com/2016/12/09/lifespan-in-us-falls-wealthy-live-extra-decade?slreturn=1482865820