Life Expectancy of Couples in Canada
Marwa AlFakhri and
Janice Compton
Canadian Public Policy, 2023, vol. 49, issue S1, 76-93
Abstract:
Although individual estimates of life expectancy are readily available, analogous couple-based estimates are not. The dearth of such estimates can be detrimental for couples undertaking important decisions together, such as retirement, savings, and other later-life considerations. Moreover, relying on available individual measures can be misleading because it results in overestimating the number of years the couple should expect to live together (joint life expectancy) and underestimating the number of years the widowed spouse expects to live (survivor life expectancy). In this article, we use data from the Longitudinal Administrative Database to provide benchmark estimates for joint and survivor life expectancy for Canadian couples and show how these estimates vary with the income and employment status of couples approaching retirement.
Keywords: life expectancy; mortality; marriage; longevity (search for similar items in EconPapers)
Date: 2023
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