What’s wrong is your understanding of the term “expectancy.”
It’s a fancy term that 's more or less synonomous with “average”, subject to some special initial conditions.
Here’s an example that may make things more clear.
Imagine we’re tracking the life expectancy of some remote village. One year, 10 babies are born. 9 die within the first year and the 10th lives to be 110 years old.
Naturally, it’ll be 110 years before we know this, but this is a long-running experiment with a multi-year research grant :-).
What was the life expectancy of those babies? The formula is total lifespans / headcount =or (110 + (9 * 1)) / 10 = 119/10 = 11.9. Thos ebabies had a life expectancy of not quite twelve years.
Now lets assume the village down the road has better sanitation and of their 10 babies, only 1 dies at age 1, 8 make it to age 75, and the last one still lasts to 110.
Their life expectancy is (1 + (8* 75) + 110) / 10 = 711 / 10 = 71.1.
The real world we live in has the same effect. Most of the gain in life expectancy in the developed world since the 1700s is in the virtual elimination of infant and child-age death. We’ve added a few years on the end through better post-event care for heart attacks and cancer, but the lion’s share of the gain is from fixing infant mortality.
If you’re interested, look up “actuarial table” in google and do some reading. The actual tables are also available from the IRS website, since they’re used for pension calculations.
There are different life expectancies for men, women, different etnic groups, differetn countries, and most interestingly, for different ages.
Going back to our first example village, what was the life expectancy of the 1 surviving child when he/she was 3? Answer:110 years. Apparently paradoxically, as you get older, your personal life expectancy gets longer, not shorter. Why? Becauase the folks born when you did who have already died are removed from the averages going forward.
This math is exactly the core of the life insurance business. They charge you enough premium versus your age to ensure they make a profit on the average customer over his/her average remaining lifetime.