October 24, 2014

Who Said That?

Florida's quote of the day

| 1/13/2014

"Mortality is being shifted outward"

-- James Vaupel, director of the Max Planck Institute for Demographic Research

The expectation that most American children younger than 14 today will live to see their 100th birthdays is beginning to seem a lot less far-fetched to many researchers who study worldwide longevity trends.

The prospect of living to 100 stirs up lots of emotions, but it is especially daunting for actuaries — the folks who juggle sophisticated math equations to set the prices and payouts for pensions, annuities, life insurance and long-term care policies.

If they bet wrong on when baby boomers will die, the insurance and financial services industries could be in turmoil.

Read more at the Sarasota Herald-Tribune.

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Florida Orchestra's Michael Francis
Florida Orchestra's Michael Francis

Florida Orchestra's Michael Francis talks making music and a home.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

How much do you get into Halloween?

  • I'm into it - parties, decorating, theme parks, whatever I can fit in
  • I just participate for the kids
  • Boo - I keep the lights off to avoid trick-or-treaters

See Results

Ballot Box
Subscribe