Life Expectancy

Life Expectancy is something I talk about in my Free Reverse Mortgage Dinner Seminars every month. People need to understand because we make our plans for the future based on our current expectations. And life’s duration is one of those expectations where minor changes could have a significant impact.

In 1900 the average American lived to 47 years of age. Over the past 11 decades, that number has grown pretty steadily. Ultimately topping out near 79. In conclusion, over the past 115 years, our nation’s expectation of life has grown by over 68%.

In recent years life expectancy in America has stalled and even declined for the first time since the 1960s. According to an article on, this decline is attributable to mental health issues rather than the physical health of our nation. Increased deaths from suicide and opioid overdose have skewed the actual life expectancy. But, removing the mental health issues facing us, our physical health as a nation has never allowed us to live as long as we do now.

Now imagine a world where we successfully cure cancer, diabetes, heart disease, or any of the other major causes of death. It’s not unlikely that over the next 20-30 years the average life could surpass 100 years and it could even become common for people to live to be 110.

You may be asking what life expectancy has to do with Reverse Mortgages. Well, it’s not about what life expectancy has to do with Reverse Mortgages but what it has to do with the age of retirement and financial planning.

Retirement and Financial Planning

Today’s Retirees are finding it harder and harder to survive in retirement. If we add another 20 years to life expectancy it will become unrealistic for most of us to retire at age 62. People will have to find ways to either work longer, save more, or spend less to survive 3-4 decades after retiring.

A Reverse Mortgage becomes a topic in the conversation about Life Expectancy because when used properly a Reverse Mortgage can help:

  • Reduce expenses
  • Increase cash reserves
  • Protect assets from volatile markets
  • Extend a financial plan 10-20 years beyond current expectations.

For years financial planning has been limited to Social Security, Savings, and investments. But with the New Reverse Mortgage, the equity in a person’s home is now another viable option to help grow and extend a person’s financial prospects.

I’ve seen Reverse Mortgages do some amazing things for people who had next to nothing. As well as people who had millions of dollars. But as with everything, education is the key. To find out how a Reverse Mortgage will benefit your life you need to speak with an experienced Reverse Mortgage Specialist.

If you or someone you love is considering a Reverse Mortgage call me to learn what options and strategies you could take advantage of to live better in retirement.

Call (435) 359-9000

Trevor Carlson

President – Reverse Mortgage Specialist

Heritage Reverse Mortgage


Heritage NMLS #1497455 Trevor?s NMLS #: 267962

1060 South Main Street Bldg. A Suite 101B

St George Utah 84770

Other great sources related to current life expectancy in America.