Navigation Links
People who retire early due to back problems face long-term financial disadvantage
Date:1/31/2012

Philadelphia, PA, January 31, 2011 Back problems are a highly prevalent health issue, and people with the condition have a significantly greater chance of retiring early from the workforce, much more so than for any other health condition. A group of Australian researchers reports that not only does early retirement limit the immediate income available to these individuals, but it also reduces their long-term financial capacity, by reducing their ability to accumulate wealth to a significant degree. Their study is published in the January issue of Pain.

"Relative to those who retired early due to other health problems, there are more than twice as many people who have retired early due to back problems who are estimated to have no savings by the time they reach the traditional retirement age of 65," according to lead investigator Professor Deborah Schofield, PhD, Chair of Health Economics at the NHMRC Clinical Trials Centre and Sydney School of Public Health, University of Sydney, Australia. "For most of the age and sex groups analyzed, even those who reported back pain and were working full time accumulated less wealth than full-time workers who suffered no chronic health conditions."

Researchers based their study on "Health&WealthMOD," a microsimulation model designed to measure the economic impacts of ill health on Australian workers aged 45-64 years. The model uses data from the nationally representative 2003 Survey of Disability, Ageing and Careers (2003 SDAC). The authors estimated the value of retirement wealth that would be available to individuals at retirement age, and assumed that respondents converted their private retirement accounts, cash, shares, and investment properties into cash and invested it in an income stream, such as an annuity. This income stream, plus any government pension benefit, provided a basis for comparing different living standards in retirement.

The 2003 SDAC data included 147 individu
'/>"/>

Contact: Christine Rullo
painmedia@elsevier.com
215-239-3709
Elsevier Health Sciences
Source:Eurekalert

Page: 1 2

Related medicine news :

1. Statins May Stave Off Liver Cancer in People With Hepatitis B
2. People May Lie More When Texting: Study
3. UNH research: US hospitality industry often reluctant to hire people with disabilities
4. Queens study shows the rights of people with disabilities are not being promoted
5. Inner Dialogue Might Aid People With Autism
6. Lifestyle counseling reduces time to reach treatment goals for people with diabetes
7. Many people continue to smoke after being diagnosed with cancer
8. Nicotine replacement therapies may not be effective in helping people quit smoking
9. Why Some People Live to 110
10. Like Babies, Dogs Pick Up on Peoples Intent
11. Music May Help Ease Pain for Anxious People
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/23/2014)... 2014 GBI Research, the leading business ... Therapeutics in Major Developed Markets to 2020 - New ... Market”, which provides in-depth analysis of the critical care ... Japan and Canada. The report provides an estimation of ... 2020. It covers critical care indications that are being ...
(Date:8/23/2014)... Pixel Film Studios, a leader of Final ... of ProIntro Vol.3, a customizable title tool for FCPX ... just by dragging ProIntro Vol.3 in their timeline" says Christina ... definite time saver and i think our users will agree" ... designed titles made with Final Cut Pro X users in ...
(Date:8/23/2014)... Houston, TX (PRWEB) August 23, 2014 ... state of Texas. It’s no different in Houston, TX. ... Juveniles are falling victim to drug and alcohol dependency ... people are looking to beat substance abuse, but don’t ... a juvenile treatment facility can be a challenge because ...
(Date:8/23/2014)... Summer vacation is almost over and before we know ... shopping for school supplies and a new wardrobe might take ... students to also spend some time brushing up on bed ... thrive in heavily populated places,” said Randy Rupert, Bed Bug ... perfect settings for bed bugs to take up residence.” , ...
(Date:8/22/2014)... 2014 Deep Research Report on Global ... research report on the Glucose Meter market. The ... Meter definition, classification, application, and industry chain structure ... the international market analysis, including domestic market as ... & economic situation analysis. The report on Glucose ...
Breaking Medicine News(10 mins):Health News:Critical Care Therapeutics in Major Developed Markets to 2020 | Researchmoz 2Health News:Critical Care Therapeutics in Major Developed Markets to 2020 | Researchmoz 3Health News:A new plugin was announced today, ProIntro Vol.3 from Pixel Film Studios for Final Cut Pro X 2Health News:New Houston Hotline Assisting Juveniles in Locating Dependable Rehabilitation Help 2Health News:Expert Advice for a Bed Bug-Free School Year 2Health News:Glucose Meter Industry Global (Europe, Asia, NA, ROW) Analysis Now Available at ReportsnReports.com 2Health News:Glucose Meter Industry Global (Europe, Asia, NA, ROW) Analysis Now Available at ReportsnReports.com 3
... The "Get Your Head in the Game(R)" Awareness Walk held ... Brain Tumor Foundation (KHG), the only organization in the US ... tumors. (Photo: http://www.newscom.com/cgi-bin/prnh/20090505/PH11172 ... major sponsors also moves KHG ( www.khgfoundation.com ) ...
... System Warns that Snake Bites are Becoming More Powerful and ... in weather marks a change in rattlesnake behavior as well. ... not poisonous, the rattlesnake is. In humans, a rattlesnake ... fatal. "Over the past couple of years we have seen ...
... HARBOR, N.Y. (May 5, 2009) The ... provide a supportive yet flexible framework that allows vertebrates ... knowledge about the vertebrate skeleton, especially recent research on ... a new monograph, The Skeletal System . ...
... /PRNewswire/ - Medical device company, Intelligent Hospital ... agreement with the South Korean pharmacy application ... Seoul. Daeiltech will provide direct sales and ... (Robotic IV Automation) across South Korea. , ...
... VIEW, Calif., May 5 As early diagnosis ... survival, and better quality of life for patients, ... for primary care. Innovative molecular technologies have generated ... new market entrants. These efforts will go a ...
... Serve as Honorary Co-chair of EventBALTIMORE, May 5 The ... Reeves, former lead singer of the Motown group Martha and ... for the organization,s fundraising walk-a-thon event. The third annual ... will take place on the morning of July 6, 2009, ...
Cached Medicine News:Health News:Walk Raises Almost $200,000 to Heighten Brain Tumor Awareness 2Health News:As the Weather Warms Up Rattlesnakes Come Out to Enjoy the Sun Just as Californians Do 2Health News:New book summarizes current knowledge on the biology of the vertebrate skeleton 2Health News:IH Systems Extends Global Reach into South Korean Medical Device Market 2Health News:Personalized Medicine Makes Significant Headway Following the Rapid Evolution of U.S. Molecular Diagnostics Market, Finds Frost & Sullivan 2Health News:Personalized Medicine Makes Significant Headway Following the Rapid Evolution of U.S. Molecular Diagnostics Market, Finds Frost & Sullivan 3Health News:Personalized Medicine Makes Significant Headway Following the Rapid Evolution of U.S. Molecular Diagnostics Market, Finds Frost & Sullivan 4Health News:Martha Reeves to Participate in the National Federation of the Blind Motor City March for Independence 2
(Date:8/22/2014)... , Aug. 22, 2014 MC Medical, a ... (MID), a Columbus, OH medical device ... the FloShield laparoscopic and robotic visualization system in ... approved for sale in Japan in ... long-time experience and an extensive product portfolio in endoscopic surgery ...
(Date:8/22/2014)...  Mark Riccio, director of Cornell University,s multi-scale ... the online crowd-funding platform Kickstarter to bring non-invasive ... and would-be superheros everywhere: "for FREE." Riccio,s campaign, ... if you had Superman,s X-ray vision?" The campaign ... from elementary through high school students, academic institutions, ...
(Date:8/22/2014)... 2014  WaferGen Bio-systems, Inc. (NASDAQ: WGBS) today announced ... of common stock and warrants at a price of ... prior to deducting underwriting discounts and commissions and offering ... are immediately separable and will be issued separately.  The ... on The NASDAQ Stock Market under the ticker symbol ...
Breaking Medicine Technology:MC Medical agrees to be the exclusive distributor of FloShield products in Japan 2Cornell's X-ray Imaging Lab Director Uses Kickstarter Campaign to "Democratize" Advanced 3D Imaging 2WaferGen Bio-Systems Announces Pricing of $20 Million Underwritten Offering and Uplisting to NASDAQ 2WaferGen Bio-Systems Announces Pricing of $20 Million Underwritten Offering and Uplisting to NASDAQ 3WaferGen Bio-Systems Announces Pricing of $20 Million Underwritten Offering and Uplisting to NASDAQ 4
... Musculoskeletal Transplant Foundation (MTF) has announced the release of two ... The new sizes--16cm x 20cm and 20cm x 20cm--are being ... their patients. This unique human dermal allograft is specifically prepared ... has been a year since MTF introduced its bi-lateral breast ...
... -- Lotus Pharmaceuticals, Inc. (OTCBB: LTUS) ("Lotus" or the ... and drugs in the People,s Republic of China ("PRC"), ... its Inner Mongolia branch company, including land use right ... Inner Mongolia, in order to focus its business on ...
Cached Medicine Technology:New, Larger, Bilateral Breast Graft Kits Announced by MTF 2Lotus Pharmaceuticals Announces Business Reorganization and Provides Updates on the Beijing Headquarters Building 2Lotus Pharmaceuticals Announces Business Reorganization and Provides Updates on the Beijing Headquarters Building 3
... Neuro-Patch is a non-absorbable ... highly purified polyesterurethane. Its ... proliferation of fibroblast, supporting ... "weave" minimizes suture channels, ...
The Bovie IDS Series are the latest electrosurgical generators with fully digital implementation....
Aaron 2250 is a multipurpose electrosurgical generator with monoploar and bi-polar functions....
Adson bipolar forceps, 12 cm, straight....
Medicine Products: