Acceso usuarios
Simon J. Kelly, Richard Percival, Deborah J. Schofield, Rupendra N. Shrestha, Emily J. Callander, Megan E. Passey
Early retirement due to illness reduces financial capacity over the long term. Using a microsimulation model called Health&WealthMOD, it was found that for Australians aged 45-64, those out of the labour force due to ill health would accumulate a significantly lower amount of savings by age 65 than what they could have accumulated if they had no chronic condition and remained in the labour force. They will also have access to an annuity, which provides as little as $40 per year. This is a concern as self-reliance is seen to be a key strategy of government to offset the financial burden of ageing populations and to raise living standards of older persons.
