Insight from The Allianz Longevity Project

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When asked to design their ideal longer life, 49% of Americans prefer a nontraditional path that is unique to their interests.

Although a third of Americans say they regret the major choices they made in their lives, such as when/where they went to school or the profession they chose, many embrace the prospect of recharting their course. According to The Gift of TimeSM study, more than nine in 10 Americans expressed having a favorable view of living 30 extra years, which the Stanford Center on Longevity reports is the average increase in life expectancy in the United States compared with 100 years ago. In addition to positive views of a longer life, the study reveals how longevity is making Americans rethink their major life choices, the paths they may take, and alternative possibilities for their future.

Study Highlights:

  • Americans are positive about longevity: 93% have a favorable view of living 30 extra years.
  • Reflecting on the possibilities of a longer life, many have regrets: 32% regret the major choices they made in their lives, such as when/where they went to school, the profession they chose, and when/where they worked.
  • Americans are interested in alternative life paths, but understand better planning is necessary to achieve those goals: 49% prefer a nontraditional model that is unique to their interests – where they might work, take career breaks, go back to school, volunteer, and try different things in no set order; 93% agreed that people will need to be more thoughtful about how they plan for longer lives.

Study methodology: The Allianz The Gift of Time Study was conducted by Larson Research + Strategy via online survey in March 2016 with 3,000 U.S. adults – including 1,000 baby boomers (ages 52-70), 1,000 Gen Xers (ages 37-51), and 1,000 millennials (ages 20-36) – with a minimum household income of $30K+ and was commissioned by Allianz Life Insurance Company of North America.

Media Contacts

To learn more about The Gift of TimeSM The Allianz Longevity Project, please contact:

Jeff Faust
763.765.6614
Jeff.Faust@allianzlife.com


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