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vargaj,

You can look up the mortality tables in Section 2 of the Statistical Abstract of the United States. (It's one of my favorite books.) If you are a white male aged 60, you can expect with 50% probability to live to 79.0 years. You will reach 85 with 22% probability.

One thing you don't mention is being sucked dry by nursing home care in your last years. When you have no assets left except your house, Medicare pays and then tries to take it out of your estate (i.e. your house) once both spouses die, if I read the newspaper articles correctly.
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