Retirees could be issued guidance on how long they are likely to live, a government minister has said.
Pensions Minister Steve Webb warned people often underestimate how long they might live and can be left without enough savings.
Estimates of life expectancy would be based on factors such as gender, where they live, and whether they smoke.
The information would help them plan their finances more efficiently, according to the minister.
"My idea... is to say to somebody, 'look, someone of your generation, living in this part of the country, you've not smoked, someone like you could easily live for another 27 years'," he told Sky News.
The suggestion - which is not currently government policy - coincides with several coalition reforms designed to give people greater control over their pensions.
In last month's Budget, the chancellor announced he would get rid of rules that force most people to use their pensions pot to buy an annuity, which guarantees an annual income.
The new rules will make it easier for people to spend their pensions however they choose, but critics say it could leave people struggling if they make ill-informed decisions.
The changes are due to come in from April 2015, subject to consultation.
'Relaxed'Labour supports the scrapping of annuity requirements, but shadow work and pensions secretary Rachel Reeves has urged the government to provide "a lot more detail about what that will mean in practice".
The party wants the consultation to consider whether the move helps lower and middle income taxpayers, whether people who want to buy an annuity under the current system can do so, and what provision is made for advice.
The pensions minister has previously been criticised for saying he was "relaxed" about retirees deciding to use their money to buy Lamborghinis if they wish.
Figures from the Office of National Statistics show that life expectancy is rising steadily, with women born now projected to live a year more than if they had been born four years ago.
For men, the gap is narrowing more rapidly. A man born in 2014 can expect to live 17 months longer than if he was born in 2010.
The government recently succeeded in getting the Pensions Bill through Parliament, which will increase the state pension age to 67 between 2026 and 2028, eight years earlier than originally planned.
The legislation also introduces a single-tier state pension from 2016.
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