Monday, September 19, 2011

What are you going to do with the rest of your life?

My brother-in-law has a simple yet effective visual which he uses to explain why people should retire or move on things they are waffling on. First here is a chart of life expectancy in various countries (The pic is from this link and was posted on November 10, 2007 by Greg Mankiw

 So back to the visual

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0          10        20        20        40        50        60        70        77.3



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0          10        20        20        40        50        60    65            77.3
                                                                              X (where I am on the scale)


If you are a Canadian your average life expectancy is 77.3 years. So if you take your age and show it on the chart you will see how much time you have left. The question to ask is how many of those years are productive healthy years and how many will be spent battling sickness. My chart is below the age expectancy chart. My brother in law uses a tape measure for greater effect. Try it at home. Take a tape measure and using the chart above measure out your life expectancy, then check how much time you have left. The last few years will go quickly, so use them wisely as there is no second chance at life
The good news is the younger you are the longer you may live. The chart below shows the life expectancy of those born in the various decades in Canada since 1920 by sex and by province. So if you want to be exact then use the figures below when you create your own measurement. It may make you feel better.
20011
Life expectancy at birth2Health-adjusted life expectancy at birth3Difference
years
Canada4
Males76.968.38.6
Females82.070.811.2
Difference between females and males5.12.5...
Newfoundland and Labrador
Males75.168.46.7
Females80.470.210.2
Difference between females and males5.31.8...
Prince Edward Island
Males75.267.37.9
Females82.071.710.3
Difference between females and males6.84.4...
Nova Scotia
Males76.266.59.7
Females81.370.111.2
Difference between females and males5.13.6...
New Brunswick
Males76.067.48.6
Females81.870.910.9
Difference between females and males5.83.5...
Quebec
Males76.369.07.3
Females82.172.010.1
Difference between females and males5.83.0...
Ontario
Males77.368.29.1
Females82.070.111.9
Difference between females and males4.71.9...
Manitoba
Males75.566.78.8
Females81.270.410.8
Difference between females and males5.73.7...
Saskatchewan
Males76.267.38.9
Females81.770.211.5
Difference between females and males5.52.9...
Alberta
Males77.067.69.4
Females82.169.712.4
Difference between females and males5.12.1...
British Columbia
Males78.068.99.1
Females82.971.211.7
Difference between females and males4.92.3...

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