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Life Expectancy Calculator

Our calculator will provide you with the remaining life expectancy of the average Canadian of a particular age and gender, based on the most recent Statistics Canada life expectancy data*.

 

 

 

 

 


*Source:  Statistics Canada, Life Table for Canada (2007-2009).
Gender:
Age:
0 yrs
99 yrs
40 Yrs

Results:

A 40 year old male is expected to live another
40.25 years.

Life expectancy before age 65 is 24.04 years.

Calculate Present Value:

To Life Expectancy To Age 65
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Present Value Calculator

Our immediate present value calculator will provide you with the approximate present value of a future stream of $xxx.xx per year, paid monthly, for a given number of years. You will need to select the appropriate discount rate depending on the type of payments (level or indexed) to be made.

For tort claims in Ontario, the discount rate is set annually as per Rule 53.09 of the Ontario Rules of Civil Procedure and is noted as ON in the discount rate drop-down list.

 Years
Number of Years of Payment:
Discount Rate:
%
Current Annual Dollar Amount:

Present Value Results:

The Present Value of $2500 per year, paid monthly, for 10
years using a discount rate of 3.00% is $21617.17

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Court Award Inflation Calculator

 

Our calculator will provide the current value of a past Court award adjusted for inflation. The current value is calculated using the most recent Consumer Price Index data available. If you are unsure of the month of the Court Award, you can select the Average annual option ("Use Avg. Ann.").

 

 

 

*Calculated using the Consumer Price Index for Canada, all-items, not seasonally adjusted historical data (2002 = 100).
Amount of Court Award:
Year of Court Award:
Month of Court Award:

Results:

A $ Court award in , adjusted for
inflation*, would be equivalent to $ in
of .

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Our Professonials

Principals

Ralph Fenik

Support Staff

Associate:  Cathleen Allen

Analyst:  Rebecca Gravelle

 

Ralph Fenik(FCIP)

Ralph is President of McKellar Structured Settlements, and has been Managing Partner since 1995.

Since joining McKellar in 1986, Ralph’s thoughtful and precise approach has assisted countless clients in the legal and insurance industry in achieving successful settlements, and has helped bring financial security to thousands of injured people.

Before joining McKellar, Ralph was the National Casualty Manager for Allstate Insurance Company and before that, spent 10 years at Liberty Mutual Insurance Company, in claim adjusting and management.

Ralph has lectured at seminars sponsored by the Insurance Institute of Canada, the Ontario Insurance Adjusters Association, The Advocates' Society, and conducted numerous seminars for individual insurers and law firms.

He has written and contributed to numerous articles for such publications as Canadian Underwriter, Canadian Insurance Magazine, Journal of the Canadian Chiropractic Association, Law Times, The Lawyers Weekly, and Canadian Lawyer.

When he is not busy steering the McKellar “ship”, you can find Ralph up to his elbows in dirt, gardening.

Education, Activities, and Memberships

1966:  Business Administration Diploma, Ryerson Polytechnical Institute
1982:  Fellow, Chartered Insurance Professional (FCIP), Insurance Institute of Ontario

Ralph is a member of the Canadian Defence Lawyers Association (CDL) and Canadian Insurance Accountant’s Association.  Ralph is a past member of the editorial board of the Journal of the Canadian Chiropractic Association.