Will you live to 100? | Accurium

The Australian Government Actuary released new life tables in December 2019 based on the results of the 2016 Census. These actuarial statistics show Australian’s are living longer, and living to age 100 should now be seen as a real possibility.

A key concern for SMSF retirees is ensuring assets last for life. When planning for retirement allowing for longevity risk is more complicated than simply planning for assets to last to life expectancy due to the considerable uncertainty around how long any particular individual will live. How long you will live is the single greatest unknown in retirement planning.

This session will explain longevity risk and examine the key factors that affect life expectancy including Accurium’s research into life expectancies of SMSF trustees. We will consider techniques for how longevity risk can be allowed for in retirement planning to ensure SMSF retirees can be confident assets will last for life.

Learning outcomes:
Describe longevity risk
Analyse an individual or couple’s life expectancy
Develop retirement advice that adequately allows for longevity risk


This information is provided by Accurium Pty Limited ABN 13 009 492 219 (Accurium). It is factual information only and is not intended to be financial product advice, legal advice or tax advice, and should not be relied upon as such. The information is general in nature and may omit detail that could be significant to your particular circumstances. The information is provided in good faith and derived from sources believed to be accurate and current at the date of publication. While all care has been taken to ensure the information is correct at the time of publishing, superannuation and tax legislation can change from time to time and Accurium is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current. We recommend that you seek appropriate professional advice before making any financial decisions.