Longevity fright 2
Just you wait until these risk groups start arguing that “if they can’t have the cake they don’t want to pay for it too” and require they be excluded from the longevity groups that need to pay for the costs of it, and as this could really increase the average longevity of those expected to live long. In the UK, in annuities, we already find that smokers receive higher annuities than a non-smoker, which in financial terms seems to be right. That said there is a huge social problem in waiting from the increased tendency to tend to the individual need, and that is of course that the number of people left to do the sharing with, gets fewer and fewer, until there is only you.