Debate House Prices


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retirement age and life expectancy

with the state retirement age set to rise (for a female like me it will have increased about 8 year in my lifespan i think) i thought i'd look into life expectancy relative to retirement age. initial findings are not good. this study suggests if you retire at 50 on average you will live to 86 whilst if you retire at 65 your will live to 67.

the conservatives are looking to increase the state retirement age rise even sooner.:eek:

http://old.swivel.com/graphs/show/13840305
Those who will not reason, are bigots, those who cannot, are fools, and those who dare not, are slaves. - Lord Byron
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Comments

  • tanith
    tanith Posts: 8,091 Forumite
    Part of the Furniture Combo Breaker
    I wonder what happens when the age of retirement rises to 67/8 :eek:
    #6 of the SKI-ers Club :j

    "All that is necessary for evil to triumph is for good men to do nothing" Edmund Burke
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    ninky wrote: »
    this study suggests if you retire at 50 on average you will live to 86 whilst if you retire at 65 your will live to 67.

    I would say retierment at 50 indicates wealth and thus access to a good lifestyle etc etc,
    65 is a state retierment and will generally would have had a lower standard of life thus life expectancy also.

    Cant say I agree with the 65 retierment figure though TBH unless the study was in a deprived area?
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Ah based on boeing workers.

    So it is comparing those working with chemicals on shop floors (65) against mangers (50+) and office workers (50+ -65).;)

    It's all about the money and the type of work. Engineering can expose you to some fairly nasty stuff over your lifetime.
  • I just wonder how raising the retirement age will affect the amount of people in the older age groups going onto sickness benefits though.
    I should imagine they would soar.
    We may be finding new drugs etc but what about age related ailments such as arthritis and circulatory/heart problems and the like.
    They don't seem to have found much of a solution to these over the years and until you get the crippling pain of arthritis you just won't understand how it can affect you.
    Are the government going to bring about miracle cures along with later retirement ages.
    Somethings we can't control and no matter how clever we think we are ageing is one of them.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    I just wonder how raising the retirement age will affect the amount of people in the older age groups going onto sickness benefits though.
    I should imagine they would soar.

    That is a very good point.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    I would say retierment at 50 indicates wealth and thus access to a good lifestyle etc etc,
    65 is a state retierment and will generally would have had a lower standard of life thus life expectancy also.

    Cant say I agree with the 65 retierment figure though TBH unless the study was in a deprived area?

    What about about those dole lifers, are they going going to be the new Centenarians

    Check how long you are going to live :eek:

    http://www.livingto100.com/

    88 for me.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    What about about those dole lifers, are they going going to be the new Centenarians

    Check how long you are going to live :eek:

    http://www.livingto100.com/

    88 for me.

    92, which is a surprise. Best not get a job at Boeing then. :)
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    I seem to recall (going back a few years) that there was a great disparity in life expectancy between the sexes.

    Men worked up to the age of retirement, & following retirement would die within 5 years, or developed significant health problems, such as dementia. It was believed that the "shock" of retirement, & the impact on their self image led to health issues. They weren't used to the lack of routine etc, being at home.

    Women were used to being at the home (like I say, I am going back, & at the time I'm recalling the majority of women were "homemakers" or whatever they called them:o) were used to being at home, & were outliving their husbands for many years.

    Personally I hope/aim to reduce the amount of time I am working as I age if possible to avoid something like this.
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    90

    That'll do me.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    92, which is a surprise. Best not get a job at Boeing then. :)

    I will have to cut down on the beer :eek:

    Did you live longer?
    No but it seemed like it icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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