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Table of Life Expectancy for Income Streams with a Commencement Day on or after 01/01/2015

Document
Last amended 
16 January 2015

Last amended: 15 December 2009

How to use life expectancy tables

The following table shows how to select and use the appropriate life expectancy table in the assessment of an income stream.

 

Step

Action

1

Determine the commencement day of the income stream to be assessed and ensure that the correct table is used.    

 

2

Determine which persons the relevant number must be obtained for.    

 

3

Look down the age column to find the age of those persons at the commencement day in whole years.

4

Move across to the corresponding life expectancy factor (one for males, the other for females).

Table of life expectancy

The following table shows life expectancy factors used for calculating the relevant number for males and females. The factors are based on the 2010 to 2012 life tables, published by the Australian Government Actuary. The table relates to income streams with a commencement day on or after 1 January 2015.

 

Age

M

F

Age

M

F

Age

M

F

15

65.53

69.71

44

37.75

41.36

73

13.11

15.38

16

65.55

68.72

45

36.81

40.41

74

12.40

14.60

17

63.56

67.74

46

35.88

39.45

75

11.72

13.83

18

62.59

66.76

47

34.95

38.50

76

11.05

13.08

19

61.63

65.77

48

34.03

37.56

77

10.41

12.33

20

60.67

64.79

49

33.11

36.61

78

9.78

11.61

21

59.70

63.81

50

32.20

35.67

79

9.18

10.90

22

58.74

62.82

51

31.29

34.74

80

8.60

10.21

23

57.78

61.84

52

30.38

33.80

81

8.04

9.55

24

56.81

60.86

53

29.49

32.87

82

7.51

8.90

25

55.85

59.87

54

28.59

31.95

83

7.00

8.29

26

54.89

58.89

55

27.71

31.02

84

6.52

7.70

27

53.92

57.90

56

26.83

30.10

85

6.06

7.14

28

52.96

56.92

57

25.95

29.19

86

5.64

6.61

29

52.00

55.94

58

25.09

28.28

87

5.24

6.11

30

51.04

54.96

59

24.22

27.37

88

4.87

5.65

31

50.08

53.98

60

23.37

26.47

89

4.52

5.22

32

49.13

53.00

61

22.52

25.57

90

4.21

4.82

33

48.17

52.02

62

21.68

24.68

91

3.92

4.45

34

47.22

51.04

63

20.85

23.80

92

3.66

4.12

35

46.26

50.06

64

20.03

22.92

93

3.44

3.82

36

45.31

49.09

65

19.22

22.05

94

3.24

3.55

37

44.36

48.12

66

18.41

21.18

95

3.06

3.32

38

43.41

47.14

67

17.62

20.33

96

2.91

3.11

39

42.46

46.18

68

16.84

19.48

97

2.78

2.93

40

41.51

45.21

69

16.07

18.64

98

2.67

2.77

41

40.57

44.24

70

15.31

17.80

99

2.57

2.62

42

39.62

43.28

71

14.56

16.98

100

2.46

2.50

43

38.68

42.32

72

13.83

16.18