Trends in the Variance of Longevity Over Time

This research article examines how the variance of longevity has evolved over time across different demographic and socioeconomic groups. It highlights the stability of population-level variance since the 1970s, the disparities faced by Black and lower-educated individuals, and the economic implications for retirement planning. The findings suggest that understanding longevity variance is crucial for enhancing lifetime income security through annuities and policy reforms.