An Accident Waiting To Happen

The Risks of Becoming Disabled Are Far Greater Than Most People Think… 

Most boomers substantially underestimate their risk of suffering a disability that would cause them to miss work for an extended period of time according to a new survey conducted by Harris Interactive on behalf of AHIP.

The survey found that just over a third of boomers think the chances of becoming disabled due to illness or injury is 5 percent or less, a slight majority think the chances are 10% or less, and two-thirds think the chances are 20% or less.  In reality, a worker has a 30 percent chance of suffering a disabling injury or illness causing him or her to miss three or more months of work before reaching retirement, according to the Social Security Administration.

The survey also found that 47% of boomers say they are not too concerned about their chances of suffering a disabling illness or injury.

With 80 million boomers residing in the ranks of US workforce, this perspective is a startling insight into how inadequately people understand their risks of getting hurt or sick and how unprepared they really are if such an event were to occur.

To access the report, simply visit this link