Originally Posted by
LAfrequentflyer
It is based on health. However, at 65 the cards are against you - you are closer to the end - natural progression from cradle to grave - than you were at 20.
-LAFF
Ok look at a health insurance quote.
ehealthinsurance
Age 60 cheapest premium is $169.77,
Age 55 cheapest premium is $127.20
Age 50 cheapest premium is $104.33
Age 40 cheapest premium is $60.65
Age 30 cheapest premium is $41.11.
Age 23 cheapest premium is $38.47.
FOUR TIMES THE AMOUNT TO GET HEALTH INSURANCE at age 60 than at age 30.
From 25- 44 the death rate per 100,000 people is 177.8
From 45- 64 the death rate per 100,000 people is 708
FOUR TIMES MORE LIKELY TO DIE.
This includes accidents, diseases, etc....
The younger group is more likely to die in a car accident, but cars are the #3 killer of 45-64.
Rate of accident deaths for 25-44 = 31.7
Rate of accidents deaths for 45-65 = 30.4
Rate of death from heart disease 25-44 = 19.4
Rate of death from heart disease 45-65 = 190.8
hmmmmmm