Abstract
Most estimates and proj ections of life expec tancy are based on period measures. This paper presen tsforecasts of cohort life expectancy for older generations derived using the Lee-Carter method offorecasting mortality. These cohort measures point to more years of life expectancy than thecommonly-cited current period measures. The new forecasts also indicate a more rapid increase infuture life expectancy than official projections assum e. Policy-maker s and those planning re tirementshould take into account that Australians are likely to live longer than currently envisaged
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