Alex Riley: My dad is a great example for planning (very) long-term

Clients are not 'average'

clock • 5 min read

While life expectancy averages can offer an indication for advisers and clients in financial planning, Alex Riley uses the example of his impressively aged and healthy father to point out that they are just that: averages.

That's my parents on the cover picture. My dad just turned 98. Yep, you read that right. My dad is 98. Not my grandfather, my dad. He's in pretty good shape and continues to live an engaged, active and independent life. My mum, although younger, is still a good 86. When my dad was born in 1923 the average life expectancy of a male in the UK according to the Office for National Statistics (ONS) was just under 56. FIFTY-SIX! My dad has surpassed that by 40 years! In their early lives, both of my parents survived periods that I could never imagine now. My dad came to the UK in 1948 as...

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