More people than ever before are leading longer and healthier lives. The longevity premium we enjoy today has been rising for decades. A recent study by The Economist Intelligence Unit found that:
- “Life expectancy at birth in developed countries is longer than at any time in history and more than double what it was for millennia before the 1800s.
- Across wealthy countries it has been increasing at a rate of roughly 2.5 years per decade for more than a century and a half.
- Until several decades ago, the extension of average life expectancy came from preventing early death. Since the 1970s, though, it has overwhelmingly come from reduced mortality among those over 65, as more people than ever live into their 80s, 90s and 100s.
- These later life years, while not free of chronic disease, are ones in which most people can live autonomously.”
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