Longevity Reports for Retirement Planning

Every retirement plan is a bet on how long the client will live. Health-adjusted longevity reports turn that bet into an informed estimate.

The Longevity Gap in Financial Planning

Most financial plans assume clients will live to a fixed age (85, 90, or 95). But a healthy 65-year-old non-smoker and a 65-year-old managing multiple chronic conditions have dramatically different life expectancies. Using the same planning horizon for both leads to either underspending (running out too soon) or overspending (unnecessary conservatism that reduces quality of life).

How Longevity Reports Improve Retirement Outcomes

Withdrawal Rate Optimization

The “4% rule” assumes a 30-year retirement. But if a health-adjusted analysis reveals a shorter expected horizon, a higher sustainable withdrawal rate may be appropriate, giving your client more income when they can enjoy it. Conversely, if longevity risk is elevated (healthy client, family history of longevity), a more conservative rate protects against outliving assets.

Social Security Claiming Strategy

The breakeven analysis for delaying Social Security depends entirely on life expectancy. A health-adjusted estimate helps advisors give more confident guidance on whether to claim at 62, full retirement age, or 70. Lumis Life reports include survival-weighted NPV analysis, cumulative benefit projections, breakeven ages, and Monte Carlo win-rate simulation, all personalized to the client’s health profile.

Try our Social Security Claiming Calculator for a population-level estimate, then run a full report for health-adjusted analysis that accounts for specific conditions, treatments, and lifestyle factors.

Annuity Sizing

Annuity pricing is based on mortality tables. Knowing a client’s health-adjusted life expectancy helps advisors evaluate whether an annuity offers good value for that specific client, not just the average person their age.

Long-Term Care Planning

Longevity reports provide planning horizons across multiple probability levels. The difference between the median life expectancy and the 90th percentile survival age is the window where long-term care risk is highest.

What Advisors Get

• Health-adjusted life expectancy with confidence intervals (p5–p95)
• Survival fan charts showing probability distributions across time
• Planning horizons at 50%, 75%, and 90% survival probabilities
• Social Security claiming analysis with breakeven ages and NPV comparison
• Sensitivity analysis across multiple longevity scenarios
• White-label branded PDF reports for client delivery

From Guesswork to Precision

Adding a personalized longevity report to your retirement planning process takes minutes, not weeks. The result: more defensible recommendations, better-documented fiduciary decisions, and more meaningful client conversations about what retirement really looks like.