How can baby-boomers get the most out of a retirement that will see many of them living to 100?

A woman aged 65 today can expect to live another 21 years. A man of the same age can look forward to being around for 18 more years. These are only averages and many will live a great deal longer.

For example, a woman in her mid-60s today has more than a one in ten chance of reaching 100, or living for at least another 35 years. For a man, it is slightly less than one in ten.

And if these numbers are alarming, spare a thought for younger generations. A woman of 20 today, for instance, is expected to have a one in three chance of making 100 (one in five for a man of the same age). Centenarians will be commonplace among this generation.

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