Nobody expects to become sick. Even fewer of us think declining health will see us leaving employment earlier than we want, but it’s quite common.
So, what can you do if you’re forced to retire early?
Poor health and early retirement: the sobering financial facts
According to research by the Australian Bureau of Statistics (ABS) on retirement and retirement intentions, 13% of people who retired in 2022–23 left their last job due to sickness, injury or disability. That’s 16,900 people from the 130,000 that retired during the financial year.