Matches in SemOpenAlex for { <https://semopenalex.org/work/W2038289364> ?p ?o ?g. }
- W2038289364 endingPage "210" @default.
- W2038289364 startingPage "203" @default.
- W2038289364 abstract "Summary Using a microsimulation model, it is determined that individuals who retire early due to back problems will have as little as $3700 in accumulated wealth for retirement. This study undertook an economic analysis of the costs of early retirement due to back problems, with the aim of quantifying how much lower the value of accumulated wealth of individuals who exit the workforce early due to back problems is by the time they reach the traditional retirement age of 65 years – compared to those who remained in the workforce. This was done using the output dataset of the microsimulation model Health&WealthMOD. It was found that over 99% of individuals who are employed full time will have accumulated some wealth at age 65 years, whereas as little as 74% of those who are out of the labour force due to back problems will have done so. Those who retire from the labour force early due to back problems will have a median value of total accumulated wealth by the time they are 65 of as little as $3708 (for women aged 55–64 years). This is far lower than the median value of accumulated wealth for those women aged 55–64 years who remained in the labour force full time, who will have $214,432 of accumulated wealth at age 65 years. Not only will early retirement due to back problems limit the immediate income available to individuals, but it will also reduce their long-term financial capacity by reducing their wealth accumulation. Maintaining the labour force participation of those with back problems, or preventing the onset of the disease, should be a priority in order to maintain living standards comparable with others who do not suffer from this condition." @default.
- W2038289364 created "2016-06-24" @default.
- W2038289364 creator A5005250920 @default.
- W2038289364 creator A5034053316 @default.
- W2038289364 creator A5040282192 @default.
- W2038289364 creator A5069127234 @default.
- W2038289364 creator A5070196117 @default.
- W2038289364 creator A5090055516 @default.
- W2038289364 date "2012-01-01" @default.
- W2038289364 modified "2023-09-29" @default.
- W2038289364 title "The impact of back problems on retirement wealth" @default.
- W2038289364 cites W1246972392 @default.
- W2038289364 cites W1642906945 @default.
- W2038289364 cites W1973417972 @default.
- W2038289364 cites W1988577936 @default.
- W2038289364 cites W1993390942 @default.
- W2038289364 cites W1994862314 @default.
- W2038289364 cites W2007994955 @default.
- W2038289364 cites W2020844610 @default.
- W2038289364 cites W2032890446 @default.
- W2038289364 cites W2061581254 @default.
- W2038289364 cites W2067804071 @default.
- W2038289364 cites W2107174100 @default.
- W2038289364 cites W2111608210 @default.
- W2038289364 cites W2125455464 @default.
- W2038289364 cites W2125524213 @default.
- W2038289364 cites W2127759482 @default.
- W2038289364 cites W2170854299 @default.
- W2038289364 cites W3023917881 @default.
- W2038289364 cites W4378365403 @default.
- W2038289364 doi "https://doi.org/10.1016/j.pain.2011.10.018" @default.
- W2038289364 hasPubMedId "https://pubmed.ncbi.nlm.nih.gov/22192565" @default.
- W2038289364 hasPublicationYear "2012" @default.
- W2038289364 type Work @default.
- W2038289364 sameAs 2038289364 @default.
- W2038289364 citedByCount "49" @default.
- W2038289364 countsByYear W20382893642012 @default.
- W2038289364 countsByYear W20382893642013 @default.
- W2038289364 countsByYear W20382893642014 @default.
- W2038289364 countsByYear W20382893642015 @default.
- W2038289364 countsByYear W20382893642016 @default.
- W2038289364 countsByYear W20382893642017 @default.
- W2038289364 countsByYear W20382893642018 @default.
- W2038289364 countsByYear W20382893642019 @default.
- W2038289364 countsByYear W20382893642020 @default.
- W2038289364 countsByYear W20382893642021 @default.
- W2038289364 countsByYear W20382893642022 @default.
- W2038289364 countsByYear W20382893642023 @default.
- W2038289364 crossrefType "journal-article" @default.
- W2038289364 hasAuthorship W2038289364A5005250920 @default.
- W2038289364 hasAuthorship W2038289364A5034053316 @default.
- W2038289364 hasAuthorship W2038289364A5040282192 @default.
- W2038289364 hasAuthorship W2038289364A5069127234 @default.
- W2038289364 hasAuthorship W2038289364A5070196117 @default.
- W2038289364 hasAuthorship W2038289364A5090055516 @default.
- W2038289364 hasConcept C10138342 @default.
- W2038289364 hasConcept C119857082 @default.
- W2038289364 hasConcept C127413603 @default.
- W2038289364 hasConcept C145236788 @default.
- W2038289364 hasConcept C162324750 @default.
- W2038289364 hasConcept C22212356 @default.
- W2038289364 hasConcept C2776291640 @default.
- W2038289364 hasConcept C2777288899 @default.
- W2038289364 hasConcept C2778139618 @default.
- W2038289364 hasConcept C2780015235 @default.
- W2038289364 hasConcept C2780176501 @default.
- W2038289364 hasConcept C2780899237 @default.
- W2038289364 hasConcept C41008148 @default.
- W2038289364 hasConcept C4249254 @default.
- W2038289364 hasConcept C50522688 @default.
- W2038289364 hasConcept C71924100 @default.
- W2038289364 hasConcept C74909509 @default.
- W2038289364 hasConceptScore W2038289364C10138342 @default.
- W2038289364 hasConceptScore W2038289364C119857082 @default.
- W2038289364 hasConceptScore W2038289364C127413603 @default.
- W2038289364 hasConceptScore W2038289364C145236788 @default.
- W2038289364 hasConceptScore W2038289364C162324750 @default.
- W2038289364 hasConceptScore W2038289364C22212356 @default.
- W2038289364 hasConceptScore W2038289364C2776291640 @default.
- W2038289364 hasConceptScore W2038289364C2777288899 @default.
- W2038289364 hasConceptScore W2038289364C2778139618 @default.
- W2038289364 hasConceptScore W2038289364C2780015235 @default.
- W2038289364 hasConceptScore W2038289364C2780176501 @default.
- W2038289364 hasConceptScore W2038289364C2780899237 @default.
- W2038289364 hasConceptScore W2038289364C41008148 @default.
- W2038289364 hasConceptScore W2038289364C4249254 @default.
- W2038289364 hasConceptScore W2038289364C50522688 @default.
- W2038289364 hasConceptScore W2038289364C71924100 @default.
- W2038289364 hasConceptScore W2038289364C74909509 @default.
- W2038289364 hasIssue "1" @default.
- W2038289364 hasLocation W20382893641 @default.
- W2038289364 hasOpenAccess W2038289364 @default.
- W2038289364 hasPrimaryLocation W20382893641 @default.
- W2038289364 hasRelatedWork W1532409606 @default.
- W2038289364 hasRelatedWork W2010510833 @default.
- W2038289364 hasRelatedWork W2141961290 @default.
- W2038289364 hasRelatedWork W2480510508 @default.
- W2038289364 hasRelatedWork W2556199710 @default.