The Longevity Revolution


How old do you have to be before you’re considered “old”? This number may change depending on the age of the person making the assessment. For example, a child or a teenager might think someone age 40 is old. That view is less likely to be held by a 39-year-old.

History indicates you have to reach a lot more birthdays these days to be considered old. One way to judge this is to look at pictures of your parents, aunts, uncles and grandparents when they were your age. Apart from the improved clarity of photographs in the modern era, many of us have fewer wrinkles and an overall healthier appearance than our ancestors.1

The data backs this up. A study by a Stanford University economics professor found that back in the 1920s, males were considered old if they were age 55 and up, whereas today that’s considered “middle age.”2

Of course, how we feel can change from day to day. Some days we might feel like a teenager, while other days we feel older than our years. We don’t want our clients to have similar feelings of uncertainty when planning for retirement. First of all, we like to help our clients work toward a well-prepared financial future. Second, it’s important to consider that no matter how old you are, you’re likely to live longer than your parents and thus should plan for that eventuality. That’s why we work with our clients to create retirement income strategies for a retirement income that lasts as long as they do.

From a societal perspective, some of the reasons we’ve experienced a longevity revolution include universal access to clean water, sanitation, waste removal, electricity and refrigeration, as well as vaccinations and continued improvements in health care.3 At the individual level, people have their own take on why they’re living longer. One woman from Maine, 100-year-old Florence Bearse, claims the secret to her longevity is drinking wine. That, and people shouldn’t “take any baloney” if they want to live to old age.4

Another centenarian, Manhattan jazz saxophonist Fred Staton, is still playing professionally at age 102, which gives credence to the notion that creativity and passion lend themselves to a longer life.5 While a healthy lifestyle might be a strong indicator of longevity, it is by no means a definitive measure. Staton admits to smoking up until age 60, and rocker Mick Jagger — not exactly the poster child for a clean-living lifestyle — is still performing at Rolling Stones concerts at age 73.6

As for saving enough money to live comfortably throughout a long retirement, global analysts have noticed an interesting trend in spending among retirees. In wealthier countries, retirees appear to be aware of the potential for outliving their income, with many saving more than necessary.7 If we can be of any assistance, don’t hesitate to call us at 801-990-5055.

Our firm assists retirees and pre-retirees in the creation of retirement strategies utilizing investment and insurance products. Advisory services offered through B.O.S.S. Retirement Advisors, a Registered Investment Advisory firm.. Insurance products and services offered through B.O.S.S. Retirement Solutions. Marketing materials provided by Infinity Marketing Services. To see a list of services please visit us at

This content is provided for informational purposes only. It is provided by third parties and has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation.We are not affiliated with any government agency including the Social Security Administration.

1 Steve Vernon. CBS News. June 29, 2017. “What age is considered ‘old’ nowadays?” Accessed July 8, 2017.

2 -7 Ibid.

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