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 retiree	Distribution period (in years)	Age of retiree	Distribution period (in years)
72	25.6	94	9.1
73	24.7	95	8.6
74	23.8	96	8.1
75	22.9	97	7.6
76	22.0	98	7.1
77	21.2	99	6.7
78	20.3	100	6.3
79	19.5	101	5.9
80	18.7	102	5.5
81	17.9	103	5.2
82	17.1	104	4.9
83	16.3	105	4.5
84	15.5	106	4.2
85	14.8	107	3.9
86	14.1	108	3.7
87	13.4	109	3.4
88	12.7	110	3.1
89	12.0	111	2.9
90	11.4	112	2.6
91	10.8	113	2.4
92	10.2	114	2.1
93	9.6	115 and older	1.9

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. 

	M	F	M	F	M	F	M	F	M	F	M	F
Year	0	0	30	30	60	60	65	65	70	70	100	100
2012	75.63	80.11	47.06	51.01	20.48	23.31	16.68	19.25	13.24	15.51	1.91	2.19
2013	75.74	80.19	47.16	51.08	20.55	23.37	16.74	19.31	13.3	15.55	1.92	2.2
2014	75.85	80.28	47.25	51.15	20.62	23.43	16.8	19.36	13.35	15.6	1.93	2.22
2015	75.96	80.37	47.35	51.23	20.69	23.49	16.87	19.42	13.41	15.65	1.94	2.23
2016	76.07	80.45	47.44	51.3	20.76	23.55	16.93	19.47	13.46	15.7	1.95	2.24
2017	76.18	80.54	47.53	51.38	20.83	23.62	16.99	19.53	13.52	15.76	1.96	2.25
2018	76.29	80.63	47.63	51.46	20.9	23.68	17.05	19.59	13.57	15.81	1.97	2.27
2019	76.39	80.71	47.72	51.53	20.97	23.74	17.12	19.65	13.63	15.86	1.98	2.28
2020	76.5	80.8	47.81	51.61	21.04	23.81	17.18	19.71	13.68	15.92	2	2.3
2021	76.6	80.89	47.9	51.69	21.11	23.87	17.24	19.77	13.73	15.97	2.01	2.31
2022	76.71	80.98	47.99	51.77	21.17	23.94	17.3	19.83	13.79	16.03	2.02	2.32
2023	76.81	81.06	48.08	51.84	21.24	24	17.36	19.89	13.84	16.08	2.04	2.34
2024	76.91	81.15	48.17	51.92	21.31	24.07	17.42	19.95	13.9	16.13	2.05	2.36
2025	77.01	81.24	48.26	52	21.38	24.13	17.48	20.01	13.95	16.19	2.06	2.37
2026	77.11	81.32	48.35	52.08	21.45	24.2	17.54	20.07	14.01	16.24	2.08	2.39
2027	77.21	81.41	48.44	52.15	21.51	24.26	17.61	20.13	14.06	16.3	2.09	2.4
2028	77.31	81.49	48.52	52.23	21.58	24.32	17.67	20.18	14.11	16.35	2.11	2.42
2029	77.41	81.57	48.61	52.3	21.64	24.39	17.73	20.24	14.17	16.4	2.12	2.43
2030	77.51	81.66	48.7	52.38	21.71	24.45	17.78	20.3	14.22	16.46	2.13	2.45
2031	77.61	81.74	48.78	52.46	21.78	24.51	17.84	20.36	14.27	16.51	2.15	2.47
2032	77.71	81.83	48.87	52.53	21.84	24.58	17.9	20.42	14.33	16.57	2.16	2.48
2033	77.8	81.91	48.95	52.6	21.91	24.64	17.96	20.48	14.38	16.62	2.18	2.5
2034	77.9	81.99	49.04	52.68	21.97	24.7	18.02	20.53	14.43	16.67	2.19	2.51
2035	77.99	82.07	49.12	52.75	22.03	24.76	18.08	20.59	14.48	16.72	2.21	2.53
2036	78.09	82.15	49.21	52.82	22.1	24.82	18.14	20.65	14.53	16.78	2.22	2.55
2037	78.18	82.23	49.29	52.9	22.16	24.88	18.19	20.71	14.59	16.83	2.23	2.56
2038	78.28	82.31	49.37	52.97	22.23	24.95	18.25	20.76	14.64	16.88	2.25	2.58
2039	78.37	82.39	49.45	53.04	22.29	25.01	18.31	20.82	14.69	16.93	2.26	2.59
2040	78.46	82.47	49.54	53.11	22.35	25.07	18.37	20.87	14.74	16.98	2.28	2.61
2041	78.55	82.54	49.62	53.18	22.41	25.13	18.42	20.93	14.79	17.03	2.29	2.63
2042	78.64	82.62	49.7	53.25	22.48	25.18	18.48	20.98	14.84	17.08	2.31	2.64
2043	78.73	82.7	49.78	53.32	22.54	25.24	18.54	21.04	14.89	17.13	2.32	2.66
2044	78.82	82.78	49.86	53.39	22.6	25.3	18.59	21.09	14.94	17.18	2.34	2.67
2045	78.91	82.85	49.94	53.46	22.66	25.36	18.65	21.15	14.99	17.23	2.35	2.69
2046	79	82.93	50.02	53.53	22.72	25.42	18.7	21.2	15.04	17.28	2.36	2.71
2047	79.09	83	50.09	53.6	22.78	25.48	18.76	21.26	15.09	17.33	2.38	2.72
2048	79.17	83.08	50.17	53.67	22.84	25.53	18.81	21.31	15.14	17.38	2.39	2.74
2049	79.26	83.15	50.25	53.73	22.9	25.59	18.87	21.36	15.19	17.43	2.41	2.75
2050	79.35	83.22	50.33	53.8	22.96	25.65	18.92	21.42	15.24	17.48	2.42	2.77
2051	79.43	83.3	50.4	53.87	23.02	25.7	18.98	21.47	15.29	17.53	2.44	2.79
2052	79.52	83.37	50.48	53.93	23.08	25.76	19.03	21.52	15.33	17.58	2.45	2.8
2053	79.6	83.44	50.55	54	23.14	25.82	19.08	21.57	15.38	17.62	2.47	2.82
2054	79.69	83.51	50.63	54.07	23.2	25.87	19.14	21.62	15.43	17.67	2.48	2.83
2055	79.77	83.58	50.71	54.13	23.25	25.93	19.19	21.68	15.48	17.72	2.49	2.85
2056	79.86	83.66	50.78	54.2	23.31	25.98	19.24	21.73	15.53	17.77	2.51	2.87
2057	79.94	83.73	50.85	54.26	23.37	26.04	19.29	21.78	15.57	17.81	2.52	2.88
2058	80.02	83.8	50.93	54.32	23.43	26.09	19.35	21.83	15.62	17.86	2.54	2.9
2059	80.1	83.86	51	54.39	23.48	26.15	19.4	21.88	15.67	17.91	2.55	2.91
2060	80.18	83.93	51.07	54.45	23.54	26.2	19.45	21.93	15.71	17.95	2.57	2.93
2061	80.26	84	51.15	54.51	23.6	26.25	19.5	21.98	15.76	18	2.58	2.95
2062	80.34	84.07	51.22	54.58	23.65	26.31	19.55	22.03	15.81	18.05	2.6	2.96
2063	80.42	84.14	51.29	54.64	23.71	26.36	19.61	22.08	15.85	18.09	2.61	2.98
2064	80.5	84.21	51.36	54.7	23.77	26.41	19.66	22.13	15.9	18.14	2.62	3
2065	80.58	84.27	51.43	54.76	23.82	26.47	19.71	22.18	15.95	18.18	2.64	3.01
2066	80.66	84.34	51.5	54.83	23.88	26.52	19.76	22.23	15.99	18.23	2.65	3.03
2067	80.74	84.41	51.57	54.89	23.93	26.57	19.81	22.28	16.04	18.27	2.67	3.04
2068	80.81	84.47	51.64	54.95	23.99	26.62	19.86	22.33	16.08	18.32	2.68	3.06
2069	80.89	84.54	51.71	55.01	24.04	26.67	19.91	22.37	16.13	18.36	2.7	3.08
2070	80.97	84.6	51.78	55.07	24.1	26.73	19.96	22.42	16.17	18.41	2.71	3.09
2071	81.05	84.67	51.85	55.13	24.15	26.78	20.01	22.47	16.22	18.45	2.73	3.11
2072	81.12	84.73	51.92	55.19	24.2	26.83	20.06	22.52	16.26	18.5	2.74	3.12
2073	81.2	84.79	51.98	55.25	24.26	26.88	20.11	22.56	16.31	18.54	2.76	3.14
2074	81.27	84.86	52.05	55.31	24.31	26.93	20.16	22.61	16.35	18.58	2.77	3.16
2075	81.34	84.92	52.12	55.37	24.36	26.98	20.21	22.66	16.39	18.63	2.78	3.17
2076	81.42	84.98	52.19	55.42	24.42	27.03	20.25	22.71	16.44	18.67	2.8	3.19
2077	81.49	85.05	52.25	55.48	24.47	27.08	20.3	22.75	16.48	18.71	2.81	3.2
2078	81.56	85.11	52.32	55.54	24.52	27.13	20.35	22.8	16.53	18.76	2.83	3.22
2079	81.64	85.17	52.38	55.6	24.57	27.18	20.4	22.84	16.57	18.8	2.84	3.23
2080	81.71	85.23	52.45	55.65	24.62	27.23	20.45	22.89	16.61	18.84	2.86	3.25
2081	81.78	85.29	52.51	55.71	24.68	27.28	20.49	22.94	16.66	18.88	2.87	3.27
2082	81.85	85.35	52.58	55.77	24.73	27.32	20.54	22.98	16.7	18.93	2.89	3.28
2083	81.92	85.42	52.64	55.82	24.78	27.37	20.59	23.03	16.74	18.97	2.9	3.3
2084	81.99	85.48	52.71	55.88	24.83	27.42	20.64	23.07	16.78	19.01	2.92	3.31
2085	82.07	85.54	52.77	55.94	24.88	27.47	20.68	23.12	16.83	19.05	2.93	3.33
2086	82.13	85.6	52.84	55.99	24.93	27.52	20.73	23.16	16.87	19.09	2.94	3.35
2087	82.2	85.65	52.9	56.05	24.98	27.56	20.78	23.21	16.91	19.13	2.96	3.36
2088	82.27	85.71	52.96	56.1	25.03	27.61	20.82	23.25	16.95	19.18	2.97	3.38
2089	82.34	85.77	53.02	56.16	25.08	27.66	20.87	23.29	17	19.22	2.99	3.39
2090	82.41	85.83	53.09	56.21	25.13	27.7	20.91	23.34	17.04	19.26	3	3.41
2091	82.48	85.89	53.15	56.27	25.18	27.75	20.96	23.38	17.08	19.3	3.02	3.42
2092	82.55	85.95	53.21	56.32	25.23	27.8	21.01	23.43	17.12	19.34	3.03	3.44
2093	82.61	86	53.27	56.37	25.28	27.84	21.05	23.47	17.16	19.38	3.05	3.46
2094	82.68	86.06	53.33	56.43	25.33	27.89	21.1	23.51	17.2	19.42	3.06	3.47
2095	82.75	86.12	53.39	56.48	25.38	27.94	21.14	23.56	17.24	19.46	3.07	3.49
2096	82.81	86.17	53.45	56.53	25.43	27.98	21.19	23.6	17.28	19.5	3.09	3.5
2097	82.88	86.23	53.51	56.59	25.47	28.03	21.23	23.64	17.32	19.54	3.1	3.52
2098	82.94	86.29	53.57	56.64	25.52	28.07	21.27	23.68	17.37	19.58	3.12	3.53
2099	83.01	86.34	53.63	56.69	25.57	28.12	21.32	23.73	17.41	19.62	3.13	3.55
2100	83.07	86.4	53.69	56.74	25.62	28.16	21.36	23.77	17.45	19.66	3.15	3.57