financial planning horizons

home

sitemap

site search

page return


Google
 




Surprising Statistics

  • There will be a 37% increase in the number of people over state pension
    age by the year 2030.

  • The number of people of working age whose taxes/NIC will then fund state benefits will reduce by 2.3%.

  • Currently there are 3.4 people of working age per pensioner. By the year 2030 there will be 2.4 people of working age per pensioner - a fall of 29%.

  • By the year 2020 the state pension is expected to be worth 9% of average male earnings.

  • The number of pensioners aged over 80 has increased by a third over the
    last decade and this trend is expected to continue.


Death
  • Every 5 minutes 6 people die.

  • On average each year in the UK 620,000 people die.

  • Almost 1,000 people lose a spouse through death each day.

  • Just under 1 in 5 of male deaths occur between age 20 and 65.

    More information


Critical Illness
  • 1 in 3 people develop cancer sometime in life.

  • 1 in 4 males and 1 in 5 females will suffer a serious illness before retirement.

  • Around 120,000 people have Parkinson's Disease and 1 in 7 are under 40 when diagnosed.

  • Coronary Heart Disease is responsible for 12% of all working days lost through sickness.

  • Each year, 120,000 people suffer strokes in the UK.

    More information


Income Protection (PHI)
  • Taking a 35-year-old before reaching age 60, 1 in 5 will be off work for 6 months, 1 in 8 will have a critical illness and 1 in 13 will die.

  • Over 1.65 million people will be off work at any one time through sickness and disability and will have been off work for at least 6 months.

  • Around 20% of all people who consult their GP are diagnosed as having a long-standing illness. i.e. one which limits their activities in any way. In 1995, 1.2 million people aged between 16 and 64 were alive who had been diagnosed as having such an illness.

    More information


Long Term Care
  • Around 40,000 homes are sold every year to pay for Long Term Care.

  • Men can expect to have 64 years of healthy life and women 67 years.

  • The average cost of nursing at home(1994) was between £7.50 and £20 per hour.

  • The average nursing home fee (1994) was £331 per week.

  • There will be a 37% increase in the number of people over state pension age by the year 2030.

  • The number of people of working age whose taxes/NIC will then fund state benefits will reduce by 2.3%.

  • Currently there are 3.4 people of working age per pensioner. By the year 2030 there will be 2.4 people of working age per pensioner - a fall of 29%.

  • By the year 2020 the state pension is expected to be worth 9% of average male earnings.

  • The number of pensioners aged over 80 has increased by a third over the last decade and this trend is expected to continue.

    More information



REMEMBER You should not use any information contained on this page as the basis of any action until you have discussed matters with your financial adviser.


Google
 

Privacy Statement  |  Terms and Conditions  |  Copyright Notice  |  Disclaimer

The Professional Development Partnership Limited, Prospect House, Prospect Street, Huddersfield, HD1 2NU
Registered in England and Wales No : 2864518 - Vat No : 708 295 323