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I like the IRS Life Expectancy Tables

I have reached the age where IRA disbursements are mandatory.  A dozen years back, life expectancy tables became personal, as opposed to a general demographic exercise.  I walked away from my oncologist with a 3 year prediction, and I didn’t really like it.  On the other hand, a dozen years later, I believe that I have demonstrated that demographers are better at projecting the group tables than medical doctors are at individual predictions.  The tyranny of small samples is the basis for a lot of the world’s errors.

Anyway, I got this copy of the IRS tables from bankrate.com. They have a lot more information than the table – but it looks like the IRS is giving me until the middle of 2047.   That’s much more upbeat than what I got from the medical profession,  I kind of like the IRS view of life expectancy.

In comparison, social security and the IRS are both optimistic. But the optimism looks a bit different. With regards to their budget, the IRS cheerfully predicts that you will have along life (paying taxes). Conversely, Social Security happily gives you few years (in which to be an expense in their budget). Personally, the projections from the IRS are much friendlier.

IRA required minimum distribution (RMD) table

Age of retireeDistribution period (in years)Age of retireeDistribution period (in years)
7225.6949.1
7324.7958.6
7423.8968.1
7522.9977.6
7622.0987.1
7721.2996.7
7820.31006.3
7919.51015.9
8018.71025.5
8117.91035.2
8217.11044.9
8316.31054.5
8415.51064.2
8514.81073.9
8614.11083.7
8713.41093.4
8812.71103.1
8912.01112.9
9011.41122.6
9110.81132.4
9210.21142.1
939.6115 and older1.9
Source: Internal Revenue Service (IRS

I’ve never been so generous – perhaps the accountants at the IRS are just more upbeat and positive than sociologists.  The folks at Social Security have calculations closer to my own – but 2033 still is a lot more upbeat than 2012 was. 

MFMFMFMFMFMF
Year003030606065657070100100
201275.6380.1147.0651.0120.4823.3116.6819.2513.2415.511.912.19
201375.7480.1947.1651.0820.5523.3716.7419.3113.315.551.922.2
201475.8580.2847.2551.1520.6223.4316.819.3613.3515.61.932.22
201575.9680.3747.3551.2320.6923.4916.8719.4213.4115.651.942.23
201676.0780.4547.4451.320.7623.5516.9319.4713.4615.71.952.24
201776.1880.5447.5351.3820.8323.6216.9919.5313.5215.761.962.25
201876.2980.6347.6351.4620.923.6817.0519.5913.5715.811.972.27
201976.3980.7147.7251.5320.9723.7417.1219.6513.6315.861.982.28
202076.580.847.8151.6121.0423.8117.1819.7113.6815.9222.3
202176.680.8947.951.6921.1123.8717.2419.7713.7315.972.012.31
202276.7180.9847.9951.7721.1723.9417.319.8313.7916.032.022.32
202376.8181.0648.0851.8421.242417.3619.8913.8416.082.042.34
202476.9181.1548.1751.9221.3124.0717.4219.9513.916.132.052.36
202577.0181.2448.265221.3824.1317.4820.0113.9516.192.062.37
202677.1181.3248.3552.0821.4524.217.5420.0714.0116.242.082.39
202777.2181.4148.4452.1521.5124.2617.6120.1314.0616.32.092.4
202877.3181.4948.5252.2321.5824.3217.6720.1814.1116.352.112.42
202977.4181.5748.6152.321.6424.3917.7320.2414.1716.42.122.43
203077.5181.6648.752.3821.7124.4517.7820.314.2216.462.132.45
203177.6181.7448.7852.4621.7824.5117.8420.3614.2716.512.152.47
203277.7181.8348.8752.5321.8424.5817.920.4214.3316.572.162.48
203377.881.9148.9552.621.9124.6417.9620.4814.3816.622.182.5
203477.981.9949.0452.6821.9724.718.0220.5314.4316.672.192.51
203577.9982.0749.1252.7522.0324.7618.0820.5914.4816.722.212.53
203678.0982.1549.2152.8222.124.8218.1420.6514.5316.782.222.55
203778.1882.2349.2952.922.1624.8818.1920.7114.5916.832.232.56
203878.2882.3149.3752.9722.2324.9518.2520.7614.6416.882.252.58
203978.3782.3949.4553.0422.2925.0118.3120.8214.6916.932.262.59
204078.4682.4749.5453.1122.3525.0718.3720.8714.7416.982.282.61
204178.5582.5449.6253.1822.4125.1318.4220.9314.7917.032.292.63
204278.6482.6249.753.2522.4825.1818.4820.9814.8417.082.312.64
204378.7382.749.7853.3222.5425.2418.5421.0414.8917.132.322.66
204478.8282.7849.8653.3922.625.318.5921.0914.9417.182.342.67
204578.9182.8549.9453.4622.6625.3618.6521.1514.9917.232.352.69
20467982.9350.0253.5322.7225.4218.721.215.0417.282.362.71
204779.098350.0953.622.7825.4818.7621.2615.0917.332.382.72
204879.1783.0850.1753.6722.8425.5318.8121.3115.1417.382.392.74
204979.2683.1550.2553.7322.925.5918.8721.3615.1917.432.412.75
205079.3583.2250.3353.822.9625.6518.9221.4215.2417.482.422.77
205179.4383.350.453.8723.0225.718.9821.4715.2917.532.442.79
205279.5283.3750.4853.9323.0825.7619.0321.5215.3317.582.452.8
205379.683.4450.555423.1425.8219.0821.5715.3817.622.472.82
205479.6983.5150.6354.0723.225.8719.1421.6215.4317.672.482.83
205579.7783.5850.7154.1323.2525.9319.1921.6815.4817.722.492.85
205679.8683.6650.7854.223.3125.9819.2421.7315.5317.772.512.87
205779.9483.7350.8554.2623.3726.0419.2921.7815.5717.812.522.88
205880.0283.850.9354.3223.4326.0919.3521.8315.6217.862.542.9
205980.183.865154.3923.4826.1519.421.8815.6717.912.552.91
206080.1883.9351.0754.4523.5426.219.4521.9315.7117.952.572.93
206180.268451.1554.5123.626.2519.521.9815.76182.582.95
206280.3484.0751.2254.5823.6526.3119.5522.0315.8118.052.62.96
206380.4284.1451.2954.6423.7126.3619.6122.0815.8518.092.612.98
206480.584.2151.3654.723.7726.4119.6622.1315.918.142.623
206580.5884.2751.4354.7623.8226.4719.7122.1815.9518.182.643.01
206680.6684.3451.554.8323.8826.5219.7622.2315.9918.232.653.03
206780.7484.4151.5754.8923.9326.5719.8122.2816.0418.272.673.04
206880.8184.4751.6454.9523.9926.6219.8622.3316.0818.322.683.06
206980.8984.5451.7155.0124.0426.6719.9122.3716.1318.362.73.08
207080.9784.651.7855.0724.126.7319.9622.4216.1718.412.713.09
207181.0584.6751.8555.1324.1526.7820.0122.4716.2218.452.733.11
207281.1284.7351.9255.1924.226.8320.0622.5216.2618.52.743.12
207381.284.7951.9855.2524.2626.8820.1122.5616.3118.542.763.14
207481.2784.8652.0555.3124.3126.9320.1622.6116.3518.582.773.16
207581.3484.9252.1255.3724.3626.9820.2122.6616.3918.632.783.17
207681.4284.9852.1955.4224.4227.0320.2522.7116.4418.672.83.19
207781.4985.0552.2555.4824.4727.0820.322.7516.4818.712.813.2
207881.5685.1152.3255.5424.5227.1320.3522.816.5318.762.833.22
207981.6485.1752.3855.624.5727.1820.422.8416.5718.82.843.23
208081.7185.2352.4555.6524.6227.2320.4522.8916.6118.842.863.25
208181.7885.2952.5155.7124.6827.2820.4922.9416.6618.882.873.27
208281.8585.3552.5855.7724.7327.3220.5422.9816.718.932.893.28
208381.9285.4252.6455.8224.7827.3720.5923.0316.7418.972.93.3
208481.9985.4852.7155.8824.8327.4220.6423.0716.7819.012.923.31
208582.0785.5452.7755.9424.8827.4720.6823.1216.8319.052.933.33
208682.1385.652.8455.9924.9327.5220.7323.1616.8719.092.943.35
208782.285.6552.956.0524.9827.5620.7823.2116.9119.132.963.36
208882.2785.7152.9656.125.0327.6120.8223.2516.9519.182.973.38
208982.3485.7753.0256.1625.0827.6620.8723.291719.222.993.39
209082.4185.8353.0956.2125.1327.720.9123.3417.0419.2633.41
209182.4885.8953.1556.2725.1827.7520.9623.3817.0819.33.023.42
209282.5585.9553.2156.3225.2327.821.0123.4317.1219.343.033.44
209382.618653.2756.3725.2827.8421.0523.4717.1619.383.053.46
209482.6886.0653.3356.4325.3327.8921.123.5117.219.423.063.47
209582.7586.1253.3956.4825.3827.9421.1423.5617.2419.463.073.49
209682.8186.1753.4556.5325.4327.9821.1923.617.2819.53.093.5
209782.8886.2353.5156.5925.4728.0321.2323.6417.3219.543.13.52
209882.9486.2953.5756.6425.5228.0721.2723.6817.3719.583.123.53
209983.0186.3453.6356.6925.5728.1221.3223.7317.4119.623.133.55
210083.0786.453.6956.7425.6228.1621.3623.7717.4519.663.153.57

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