Chances of Death       

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There is a Definite Need for a Buy-Sell Agreement

Here are statistical chances of death prior to age 65 of a business owner.  

Table one shows the chances that a sole owner will die.  

Table two shows the chances of death when there are two owners

Table three shows chances of one death when there are three owners.  As you can see the odds are high that a buy-sell agreement would be used!

If the key person's age is: Then the chance of death by age 65 is:
30 28%
35 27
40 26
45 24
50 22
55 18
60 17

If ages of the two key people are:

Then the chance that one of them will die prior to  age 65 is:

30

30

48%

30

35

48

30

40

47

30

45

46

30

50

44

30

55

41

30

60

36

35

35

47

35

40

46

35

45

45

35

50

43

35

55

40

35

60

35

40

40

45

40

45

44

40

50

42

40

55

39

40

60

35

45

45

43

45

50

41

45

55

38

45

60

33

50

50

39

50

55

36

50

60

31

55

55

33

55

60

27

60

60

22

 

If ages of the three key people are: Then the chance that one of them will die prior to age 65 is: If ages of the three key people are: Then the chance that one of them will die prior to age 65 is:
30 30 30

63%

35 45 60 51%
30 30 35 62 35 50 50 56
30 30 40 62 35 50 55 54
30 30 45 61 35 50 60 50
30 30 50 60 35 55 55 51
30 30 55 58 35 55 60 47
30 30 60 54 35 60 60 43
30 35 35 62 40 40 40 60
30 35 40 61 40 40 45 59
30 35 45 60 40 40 50 58
30 35 50 59 40 40 55 55
30 35 55 57 40 40 60 52
30 35 60 54 40 45 45 58
30 40 40 61 40 45 50 57
30 40 45 60 40 45 55 54
30 40 50 59 40 45 60 51
30 40 55 56 40 50 50 55
30 40 60 53 40 50 55 53
30 45 45 59 40 50 60 49
30 45 50 58 40 55 55 51
30 45 55 56 40 55 60 46
30 45 60 52 40 60 60 42
30 50 50 56 45 45 45 57
30 50 55 54 45 45 50 56
30 50 60 50 45 45 55 53
30 55 55 52 45 45 60 50
30 55 60 48 45 50 50 54
30 60 60 44 45 50 55 32
35 35 35 61 45 50 60 48
35 35 40 61 45 55 55 49
35 35 45 60 45 55 60 45
35 35 50 59 45 60 60 41
35 35 55 57 50 50 50 53
35 35 60 53 50 50 55 50
35 40 40 60 50 50 60 46
35 40 45 59 50 55 55 48
35 40 50 58 50 55 60 44
35 40 55 56 50 60 60 39
35 40 60 52 55 55 55 45
35 45 45 59 55 55 60 41
35 45 50 57 55 60 60 36
35 45 55 55 60 60 60 31

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Last modified: June 13, 2012