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Subjective mortality beliefs affect pre-and post-retirement consumption and savings decisions, as well as portfolio allocation. Our new survey evidence shows that younger individuals overestimate their mortality at short horizons while older individuals overestimate their long-run chances of survival. The formation of these beliefs across age cohorts can be attributed to overweighting the most salient causes-of-death, which change over the life-cycle. This bias matters empirically: Survivaldoi:10.2139/ssrn.2669484 fatcat:xd5hqz6clvcrvh73hkw4ym3gt4