Harris survey: Boomers underestimate disability risk
March 11th, 2008From Medical News Today:
A new Harris survey reports that most baby boomers underestimate their risk of having a disability that would cause them to miss work for an extended period. The survey also found that baby boomers are unaware of the most common causes of disability and are not too concerned about their risk of becoming disabled.
The survey found that two-thirds of baby boomers think the chances of becoming disabled due to illness or injury are 20 percent or less. In reality, a worker has a 30 percent chance of losing three or more months of work due to disability before reaching retirement, according to the Social Security Administration.
One of the reasons baby boomers underestimate their risk is because they mistakenly believe that injuries cause more disabilities than illnesses. Research shows that the most common causes of disability are illnesses such as cancer, heart disease and diabetes.


