POWERED BY MOMENTUM MEDIA
Working yourself out of an early grave
Those working past the age of 65 are set to live longer lives, while those who retire before that could be headed for an early grave, according to research by Oregon State University (OSU).
The research found healthy adults who retired after 65 had an 11 per cent lower risk of death from all causes, still taking health, demographic and lifestyle variables into account. Adults who termed themselves unhealthy were also found to live longer if they continued to work, showing that major contributors to mortality were not always health based.
The study's lead author, Chenkai Wu, noted "it may not apply to everybody, but work brings people a lot of economic and social benefits that could impact the length of their lives".
"Most research in this area has focused on the economic impacts of delaying retirement. I thought it might be good to look at the health impacts."
Wu and senior author Robert Stawski said research is needed to better understand the links between work and health, but the study would have a profound impact on understanding longevity of life and wellbeing.
"We see the relationship between work and longevity, but we don't know everything about people's lives, health and well-being after retirement that could be influencing their longevity," Stawski said.
"It's just the tip of the iceberg."
The data was collected over an 18 year period commencing in 1992 through the Healthy Retirement Study, a long-term study of American adults led by the University of Michigan.
Recommended for you
The Future Fund’s CIO Ben Samild has announced his resignation, with his deputy to assume the role of interim CIO.
The fund has unveiled reforms to streamline death benefit payments, cut processing times, and reduce complexity.
A ratings firm has placed more prominence on governance in its fund ratings, highlighting that it’s not just about how much money a fund makes today, but whether the people running it are trustworthy, disciplined, and able to deliver for members in the future.
AMP has reached an agreement in principle to settle a landmark class action over fees charged to members of its superannuation funds, with $120 million earmarked for affected members.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
76.97 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
76.46 3 y p.a(%)
3
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
51.13 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
45.15 3 y p.a(%)
5
Select Baker steel Gold Institutional
43.78 3 y p.a(%)
