The rich in the US are adding more years to their life than the poor (2024)

Life expectancy got much higher for most everyone in rich countries over the last several decades. But in the US, the rich are adding years to their life faster than the poor—and probably faster than the rich in other countries.

For example, take a look at the differences between the US and Denmark. A new study looking at life expectancy in both countries shows the lifetimes of high-income Americans grew 140% faster than those of their low-income counterparts from 2001 to 2014. In Denmark, the rich outpaced the poor by less than 20%. The research, conducted by economists at the University of California, San Diego and the University of Copenhagen, also found the situation in Denmark appears to be illustrative of what is happening across many European countries.

Data on incomes and life expectancy is not easy to come by. The US government does not release publicly available data on the finances of people after their death. To estimate the relationship between income and life expectancy, researchers from Opportunity Insights, a policy institute based at Harvard University, gained access to federal income tax and Social Security records. This data, which allows researchers to correlate the historical incomes of Americans to their age at death, is usually kept private to maintain taxpayers privacy. But these researchers were given anonymized data under strict security protocols.

They found men who had reached the age of 40 in 2014 and were in the top 10% in household income could expect to live to 88 years old. For those that were in the bottom 10%, life expectancy was just 76. This means that the richest Americans live 12 years longer than the poorest.

Though both poor and rich people gained years of life since 2001, this 12 year difference was 1.4 years greater than in 2001. The disparities were even greater for women, with those in the top 10% gaining 1.6 more years than those in the bottom 10%.

The researchers attribute the increased variation to differences in smoking and obesity, not access to healthcare. Income inequality also increased over the last several decades, likely exacerbating these differences. Their research was published by the Journal of the American Medical Association in 2016. It is still the most recent data available on the precise relationship between incomes and life expectancy.

Is the extent of US’s life expectancy inequality rise the norm for rich countries? It probably isn’t.

The researchers for the Denmark study used the data from Opportunity Insights for the US, and comparable data on incomes and life expectancy provided by Statistics Denmark. They estimated changes in life expectancy for the bottom, middle, and top third of the income distribution for both countries.

They found that while the differences between the well-off and the poor were large for both men and women in the US, in Denmark both low and high-income women gained about the same amount of years. High-income men did make more gains in Denmark, but inequality only grew half as much as in the US.

Perhaps surprisingly, the economists show that mortality rates, the share of people who die at a given age, have actually fallen about equally for the rich and the poor in the US from ages 40 to 60. This is mostly due to a massive decline in deaths from cardiovascular diseases, such as heart attacks and strokes, that occurred across the income spectrum.

The main reason inequality in life expectancystill grew in both countries is that once people make it to 60, the differences in deaths between the rich and the poor become more stark. This is mostly because poorer people are more likely to die from what the economists call “behavioral” causes past 60, which include deaths related to smoking, drug abuse, and obesity. These behavioral deaths rose so much in the US, that from 2014 to 2017 overall life expectancy actually fell after increasing consistently since the early 1990s.

Though it was not the main purpose of their research, the economists also examine the rise of life expectancy inequality by educational attainment across a number of other European countries—data by income was not available so education levels, which are highly correlated to income, were used instead. None of the countries had such a large increase in life expectancy inequality by education level as the researchers found in the US. In France, they even found that the least educated residents saw much greater gains in life expectancy than the highly educated.

It is not unreasonable to question whether rising life expectancy inequality in the US really even matters. If everybody is living longer, is it really a problem if the rich are getting a bit more life than the poor? Gordon Dahl, one of the economists who worked on the study, says there are two main reasons we still might worry about it.

One, just as for wealth, many people want the gains of society to be equally shared. If one group’s lot is improving more than another, policymakers might want to focus more on the people that are lagging behind. In this case, it might indicate that it would be more equitable to put more healthcare resources into stopping smoking and drug abuse than continuing to fight stroke. The second reason is that if it’s the rich who are living longer, theyget a larger share of the benefits from government programs for elderly, such as Social Security and Medicare in the US. These programs generally redistribute wealth from the rich to the poor, but will not have the same progressive impact with increased difference in life expectancy.

The rich in the US are adding more years to their life than the poor (2024)

FAQs

The rich in the US are adding more years to their life than the poor? ›

They found men who had reached the age of 40 in 2014 and were in the top 10% in household income could expect to live to 88 years old. For those that were in the bottom 10%, life expectancy was just 76. This means that the richest Americans live 12 years longer than the poorest.

Does being rich increase life expectancy? ›

The richest American men live 15 years longer than the poorest men, while the richest American women live 10 years longer than the poorest women.

Why is US life expectancy so low? ›

But in 2020, life expectancy fell to 77 and dropped further to 76.4 in 2021, according to a report from the Centers for Disease Control and Prevention. This alarming trend is clearly not an anomaly and is primarily due to heart disease, cancer, COVID-19 and the ongoing drug-overdose epidemic.

Which country has the highest life expectancy? ›

Which countries have the highest life expectancy? Monaco has the highest life expectancy in the world in 2023, according to World Population Review, where locals live to an average age of 87.

Is there a correlation between life expectancy and income? ›

Higher income per capita is correlated with longer lifespans, but about half of the significant improvement in life expectancy globally over 20 years is explained by health innovation effects—better health for the same amount of income.

Which social class has the highest life expectancy? ›

Male life expectancy at birth in 2012 to 2016 was highest among higher managerial and professional occupations (National Statistics Socio-economic Classification (NS-SEC) Class 1) at 83.6 years, 5.5 years longer than routine occupations (NS-SEC Class 7) at 78.1 years, and 9.1 years longer than males not classified to a ...

In what state do men live the longest? ›

People in Hawaii, Washington, and Minnesota have the longest life expectancy in the country, according to a new study. A NiceRx study released Thursday found that Hawaii has the longest life expectancy of all 50 states at 80.7 years in 2020.

Which race lives the longest? ›

Reflecting these declines, provisional data for 2021 show that life expectancy was lowest for AIAN people at 65.2 years, followed by Black people, whose expectancy was 70.8 years, compared with 76.4 years for White people and 77.7 years for Hispanic people. It was highest for Asian people at 83.5 years.

What are the odds of living to 90? ›

At the end of the study, about 16% of the men and about 34% of the women survived to the age of 90. In fact, the authors found women who were taller than 5 feet 9 inches were 31% more likely to reach 90, compared to those who were under 5 feet 3 inches.

What US state has the lowest life expectancy? ›

Overall, life expectancy at birth in Hawaii, Washington, California, and New York (state) are among the longest in the nation, while life expectancy at birth in Mississippi, American Samoa, and West Virginia are among the shortest in the nation.

What culture lives the longest? ›

Sardinia, Italy – home to the world's longest-lived men. Okinawa, Japan – home to the world's longest-lived women.

Why do females live longer? ›

The higher life expectancy of women is often attributed to the fact that women generally eat healthier and pay more attention to their health. On average, women visit the doctor earlier and more often than men, generally drink less alcohol, use less tobacco and pay more attention to a healthy diet [Griswold et al.

How long can humans live? ›

While some researchers contend that a natural limit sits around 120, 140, or 150 years, others speculate that a limit doesn't exist—and that aging doesn't necessarily lead to death.

Do wealthy people live longer than poor people? ›

Researchers have long known that the rich live longer than the poor. Evidence now suggests that the life expectancy gap is increasing, at least here the United States, which raises troubling questions about the fairness of current efforts to protect Social Security.

What is the leading cause of death 100 years ago? ›

Leading causes of death in 1900, such as tuberculosis, gastrointestinal infections, and diphtheria have seen huge decreases in death rates and are no longer among the leading causes of death in the United States. However, other diseases such as heart disease and cancer have seen increased death rates.

What affects life expectancy the most? ›

Approximately one-quarter of the variation in lifespan in developed countries can be attributed to genetic factors. The influence of both genetic and environmental factors on longevity can potentially be modified by medical treatment, behavioural changes and environmental improvements.

Does money make you live better and longer? ›

“Health and life expectancy are strongly related, and people with more wealth will typically enjoy longer healthier lives compared to less advantaged groups,” he says. “This is an example of what we call the 'social gradient'.”

Do richer people have better health? ›

To sum it up, evidence shows that money really can buy better health. The high income earners and rich people in our country live 10-15 years longer than the poor. Those precious years at the end of their lives are also higher quality, disability free years.

Do rich people live happier lives? ›

Research suggests there is no $75,000 happiness threshold for most people — higher income does indeed correlate to more happiness.

Does wealth make life easier? ›

Money can make life easier and open doors to a more fulfilling life. Financial resources provide the freedom to choose where you live, how much you work, and how you spend your time. It can also give you the flexibility to work when you want.

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