[QUOTE=anson2995]
Just playing devil’s advocate here… doesn’t that suggest that there may not be a great benefit to stop smoking after 20 or 30 years?
Take a 65-year old woman who has smoked for forty years. If she has already developed lung cancer that has not yet been detected, she won’t save herself if she stops now. Similarly, if she has no cancer now, she could still develop lung cancer, but would be at the outside range of her normal life expectancy before it became lethal. As for heart disease, whatever damage has been done can’t be undone, right?
[/QUOTE]
Not the devil’s advocate-- RJ Reynolds’ advocate. 
Great question…and you are right to a large extent.
There is much less point in stopping smoking after about 60, except perhaps to make chronic lung disease more manageable (and maybe to slow down its progression since chronic lung disease is sort of a dose-related progression). This is a rogue position with respect to what most doctors will tell you, and worth what you are paying for it (less the $15 fee for SDMB membership) but if someone wants to argue it, ask 'em for data.
For cancer and heart disease, though, quitting after 60 or so only returns a few years of life. This has not been extensively studied, but there was a study in the British Medical Journal a few years ago that was fairly well done:
“Cessation at age 60, 50, 40, or 30 years gained, respectively, about 3, 6, 9, or 10 years of life expectancy” http://www.bmj.com/cgi/content/abstract/bmj.38142.554479.AEv1
It’s also probably just fine to start smoking around 55 or so, for the same reason.
Back when I was an Internist I never bothered my elderly smokers about their habit. Of course I swapped specialties which should tell you something.