According to the latest study by the Centers for Disease Control and Prevention, from 1900 to 2016, the average lifespan for an individual living in the United States increased from 47 to almost 79 years of age – an increase of 66%.
Read MoreAccording to the Social Security Administration, a person who turned twenty years old in 2017 has a 6.1% chance of dying before normal retirement age and a 26.8% chance of becoming disabled.
Read MoreIndividuals age 65 or older are the fastest growing age group today and are expected to be over 25% of the population in the next 50 years.
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