Note: This article is part of Morningstar's 2019 Portfolio Tuneup week. A version of this article appeared on April 23, 2018.
Seventy-five years ago, the average remaining life expectancy for a man reaching age 65 was 12.7 years, and 14.7 years for a 65-year-old woman, according to Social Security Administration data. Fast forward to today and those numbers have increased to 19.3 years and 21.6 years, respectively.
Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.