A recent report published by the National Bureau of Economic Research reveals that life expectancy is on the rise, but only for the wealthy. In 1980, a man in the highest quintile could expect to live five years longer than a man in the lowest quintile. As the inequality gap grows continually wider each day, so does the difference in life expectancy, which is up to a 12.7-year difference in 2014.
The richest quintile in the US today can expect to live seven years longer than their parents’ generation, while the poorest quintile is living six months less on average than the previous generation. From 1980 to 2010, the difference in what the rich versus the poor can expect in government benefits upon retirement has increased from $103,000 to $173,000.
— source nber.org