Feb
19th
A Few statistics
By Jane L
17 February 2012
A scenario, from today’s Daily Telegraph should give the Government sleepless nights!!! The Office for National Statistics (ONS) said that of the 17.5 years that a typical man spends in retirement, only ten of these are “healthy” years.
For a woman, just 11.5 of the 20 years she spends in retirement are healthy. This means that every pensioner spends almost a decade with fading health, heaping pressure on already-stretched NHS resources. Currently one in six people in Britain is over 65 increasing to almost one in four by 2051. On top of this, the ONS said that people are living for longer.
Life expectancy for a man will rise to just over 90 by 2051, from around 86 today.
For a woman, life expectancy will hit over 93 by 2051, up from 89 now. Between 2004 and 2010 the average age at which men retired rose from 63.8 years-old to 64.6 years-old. For women, it rose from 61.2 to 62.3 over that period. Recent research found that 40,000 people this year alone will delay their planned retirement because they can not afford the cost of retiring, including the cost of care in later life which will continue to rise by around 2.5 years every decade. With the state pension age increasing in the coming years, it will not rise at the same speed, as life expectancy.
A scenario, from today’s Daily Telegraph should give the Government sleepless nights!!! The Office for National Statistics (ONS) said that of the 17.5 years that a typical man spends in retirement, only ten of these are “healthy” years.
For a woman, just 11.5 of the 20 years she spends in retirement are healthy. This means that every pensioner spends almost a decade with fading health, heaping pressure on already-stretched NHS resources. Currently one in six people in Britain is over 65 increasing to almost one in four by 2051. On top of this, the ONS said that people are living for longer.
Life expectancy for a man will rise to just over 90 by 2051, from around 86 today.
For a woman, life expectancy will hit over 93 by 2051, up from 89 now. Between 2004 and 2010 the average age at which men retired rose from 63.8 years-old to 64.6 years-old. For women, it rose from 61.2 to 62.3 over that period. Recent research found that 40,000 people this year alone will delay their planned retirement because they can not afford the cost of retiring, including the cost of care in later life which will continue to rise by around 2.5 years every decade. With the state pension age increasing in the coming years, it will not rise at the same speed, as life expectancy.
Viewing 1 - 1 of 1
