Eggleston and Fuchs (2012) show that at the beginning of the twentieth century, in the United States and other countries at comparable stages of development, most of the additional years of life were realized in youth and working ages, and less than 20 per cent were realized after the age of 65. Now, they find that more than 75 per cent of the gains in life expectancy are realized after the age of 65 - and that share is approaching 100 per cent asymptotically. They assert that the new demographic transition is a longevity transition and ask how individuals and societies will respond to mortality decline when almost all of the decline will occur late in life. In the Nordic countries, the increase in life expectancy at the age of 65 shown in Figure 3 is particularly noticeable after 1990.