WEALTH

MICRO
additional year in retirement requires
approximately 2.5-3.5% additional savings,”
says Richard Wolf, an economist with the
Allianz International Pensions unit. In other
words: A retirement pot of €100,000 needs to be
topped up to €103,000 to provide the same
income over the extended period of lifetime.
Murray’s advice to policymakers is to
invest more in prevention, “especially obesity,
which has enormous cost repercussions. If
policymakers could change obesity trends –
which are rising nearly everywhere – they
could have a big impact on future costs.”
Governments also have to change their mindset:
“Historically, they have been focused on
preventing death – rightly so. But to make
longer lives more affordable, we have to look
more at diseases that largely don’t kill, but
cause a tremendous amount of disability and
cost.”
GLOBAL BURDEN OF DISEASE
METHODOLOGY
The largest and most detailed analysis to quantify
levels, patterns and trends in death and ill health
around the world between 1990 and today, the
Global Burden of Disease (GBD) study quantifies
health loss from a vast variety of diseases to inform
health policymakers worldwide. The GBD regularly
updates estimates for premature death and
disability from more than 300 diseases and injuries,
in 188 countries, by age and sex and makes it
comparable.
44 • Allianz