Surprising Statistics
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There will be a 37% increase in the number of people over state
pension
age by the year 2030.
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The number of people of working age whose taxes/NIC will then fund
state benefits will reduce by 2.3%.
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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%.
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By the year 2020 the state pension is expected to be worth 9% of
average male earnings.
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The number of pensioners aged over 80 has increased by a third
over the
last decade and this trend is expected to continue.
Death
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Every 5 minutes 6 people die.
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On average each year in the UK 620,000 people die.
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Almost 1,000 people lose a spouse through death each day.
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Just under 1 in 5 of male deaths occur between age 20 and 65.
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Critical Illness
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1 in 3 people develop cancer sometime in life.
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1 in 4 males and 1 in 5 females will suffer a serious illness before
retirement.
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Around 120,000 people have Parkinson's Disease and 1 in 7 are under
40 when diagnosed.
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Coronary Heart Disease is responsible for 12% of all working days
lost through sickness.
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Each year, 120,000 people suffer strokes in the UK.
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Income Protection (PHI)
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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.
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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.
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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.
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Long Term Care
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Around 40,000 homes are sold every year to pay for Long Term Care.
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Men can expect to have 64 years of healthy life and women 67 years.
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The average cost of nursing at home(1994) was between £7.50 and
£20 per hour.
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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
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