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The Economic Costs of Alcohol and Drug Abuse in the United States - 1992

Appendix B, Table B.1

Present Value of Expected Lifetime Productivity, by Age, Gender, and Discount Rate, 1992

Age Males Females
Discount Rate
2% 3% 4% 6% 2% 3% 4% 6%
Under 1 year $1,174,844 $796,868 $540,496 $266,965 $935,418 $640,454 $438,501 $222,167
1-4 1,207,409 839,078 583,109 302,060 960,870 674,044 472,838 251,248
5-9 1,264,125 917,724 666,246 376,014 1,005,589 736,918 540,030 312,633
10-14 1,329,488 1,013,187 772,138 479,322 1,057,268 813,330 625,674 398,408
15-19 1,383,643 1,102,512 878,501 593,485 1,090,748 875,812 703,230 485,386
20-24 1,392,669 1,150,311 950,129 684,166 1,074,606 891,211 739,115 539,655
25-29 1,339,809 1,138,472 967,391 730,411 1,005,998 854,739 726,223 551,397
30-34 1,234,571 1,074,547 935,265 734,474 903,020 782,758 678,513 531,583
35-39 1,086,645 966,071 858,876 698,385 780,158 688,551 607,701 489,820
40-44 906,233 821,251 744,239 624,795 645,701 579,387 519,884 430,309
45-49 703,411 648,453 597,788 516,717 507,196 462,055 420,932 357,186
50-54 495,242 463,193 433,218 383,990 372,678 344,084 317,684 275,684
55-59 306,461 289,856 274,150 247,882 251,866 235,173 219,586 194,239
60-64 162,855 155,004 147,532 134,871 154,264 145,280 136,819 122,803
65-69 81,016 77,404 73,953 67,993 86,717 82,194 77,907 70,665
70-74 40,266 38,785 37,359 34,865 46,380 44,265 42,247 38,763
75-79 17,167 16,568 15,989 14,985 23,260 22,372 21,517 20,005
80-84 8,412 8,181 7,957 7,543 10,999 10,673 10,357 9,777
85 & over $2,450 $2,421 $2,392 $2,335 $2,659 $2,627 $2,595 $2,534

Source: Rice (1997), personal communication. The values for 3 percent were calculated as the geometric mean of the 2- and 4-percent rates, respectively, for males and females.


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