While longevity sounds like a blessing, we wouldn’t want to be unwell and struggling financially during our later-life years. But many women run the risk that this will be their future. Not because they’ve got the ‘right genes’ or live a super-healthy lifestyle: it’s simply because they were born a woman.
A 40-year-old woman has a one in four chance of living to age 96, and a one in ten chance of living to 100.1 Better healthcare and positive lifestyle changes have helped to raise life expectancies across the board, but women still are likely to live longer than men. And with several studies finding that more men than women have died from COVID-19, the life expectancy gap could widen further from here.
1 ONS life expectancy calculator, accessed 7 September 2020
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Flora Stamato BA (Hons) FPFS
Chartered Financial Planner and Fellow of the Personal Finance Society
St. James’s Place Wealth Management
11 Hamilton Place | Mayfair | London | W1J 7DR
Flora Stamato is an Appointed Representative of and represents only St. James’s Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the group’s wealth management products and services, more details of which are set out on the group’s website www.sjp.co.uk/products. The ‘St. James’s Place Partnership’ and the title ‘Partner’ is the marketing term used to describe St. James’s Place representatives.
Flora Stamato is a trading name of Flora Stamato Limited.