“Dear Ms. Green:
In September, you’ll turn 63, an age when many life insurance companies will begin to look at you differently. From now on, when you need financial protection for your family, you may find the health questions will be a lot tougher… Getting accepted a lot more difficult … the coverage offered to you of lesser quality… In fact, rates are already set to go higher for you the moment you turn 63 in September. That’s only days from now. Time may be running out on good life insurance offers available to you.”
OMG. Time is running out? Rates will go higher THE MOMENT I turn 63?
I didn’t feel so “fabulous” as I read this unsolicited letter that arrived in the mail yesterday. I wasn’t looking forward to turning 63 … but I wasn’t dreading it either. In fact, I didn’t think there was anything especially problematic about that age. I had a hard time when I turned 60 … and was looking ahead to the probability of having a hard time at 65 … and an even worse time at 70. But 63?
I needed some perspective, so I googled famous people who are 63 in an effort to feel better about myself. The good news is that the list of famous 63 year-olds who are still alive is longer than the list of those who checked out at that age. Among the women, there’s Twiggy, Morgan Fairchild, Victoria Principal, Bonnie Raitt, Natalie Cole, Sigourney Weaver and Cybill Shepherd – all of them looking pretty good and doing fine as far as I can tell. On the male side, there’s Richard Gere, Bruce Springsteen, Richard Branson, and Gene Simmons. Gene looks a little worse for the wear, but the others are looking pretty good and hanging in there, right?
Just for fun (and because I was pissed off at the life insurance company for making me feel old) I googled life expectancy in the US. What I learned is that just by making it to age 50, I have given myself a couple more possible years. Here are the numbers from the web site of the Social Security Administration:
So, it looks like I have a shot at living another 18.5 years beyond this birthday. The downside is that if I make it, I’ll have to deal with turning 75 and 80. Hopefully, no one will care by then about surprising me with birthday parties.
The thought of living to 81, however, made me think that it actually might be worthwhile to lose some weight and get a face lift. I’ll just skip the insurance and apply the money I would have spent on premiums to a personal trainer and a plastic surgeon instead.