A Personal Finance Blog for Malaysian: Malaysia Mortality Rate

Wednesday, July 21, 2010

Malaysia Mortality Rate

Source: http://www.indexmundi.com/malaysia/death_rate.html

Death rate:
5.02 deaths/1,000 population (July 2009 est.)

YearDeath rateRankPercent ChangeDate of Information
20035.121932003 est.
20045.06192-1.17 %2004 est.
20055.061920.00 %2005 est.
20065.05192-0.20 %2006 est.
20075.051890.00 %2007 est.
20085.02188-0.59 %2008 est.
20095.021880.00 %July 2009 est.
20105.021850.00 %July 2009 est.

Definition: This entry gives the average annual number of deaths during a year per 1,000 population at midyear; also known as crude death rate. The death rate, while only a rough indicator of the mortality situation in a country, accurately indicates the current mortality impact on population growth. This indicator is significantly affected by age distribution, and most countries will eventually show a rise in the overall death rate, in spite of continued decline in mortality at all ages, as declining fertility results in an aging population.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of February 19, 2010

Well, 5.02/1,000 is less than 0.5%. However, 0.5% includes those die of old age. I can't find data on Mortality Rate for people die during their working life..... we can safely assume it is less than 0.5%, right?

So, the problem of "die too young" (probably define as pre-mature death during working life) is safely said to be less than 1% and the problem of "lack of money for retirement" should be a problem of 99% of us. Therefore, retirement planning should be your key concern.

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