Having owned nothing but Honda's all my life, the suggested 7 year / 90K is definitely on safe side as you figure they put in a 20% buffer for those that don't live and die by the manual.
With that said, your chances of a timing belt failure greatly increases after the 10 year / 110K mark, varying how your vehicle was driven and varying climate conditions. This is based solely on experience... here's why...
Last year, I picked up a 97 NSX with 50K miles based in sunny LA, CA. and the car was only parked only in-doors. I know both owners of the car well so I know the car was never tracked or abused, mainly downtown LA and traffic. The second I took over ownership, I had Robert Garcia (Prime member) do a full tune-up, knowing the car sat for at least 2 years with minimal care, if anything just oil change. Upon inspection, the belts were starting to crack and showed the potential of it snapping within an approximate guess of 3k to 5k range. For a 17 year old car, it was definitely time to replace strictly based on age.
When I had my 94 VTEC Prelude, I was young and focused only on performance mods and not maintenance. My original timing belt failed at 135K miles in '99, so the car was 5 years old at the time. 3K in damages later, it was back up and running.
In short, if you have a car that's over 10 years old, pending driving and weather conditions, you may be dealing with a ticking time bomb. At which point, your % of failure can only increase.