Depending on the income of older adults and the coronavirus: Orphans or newly poor?

Abstract

The objective of this study is to show the impact of the early death of the elderly, especially those who are financially responsible for families, on the income of other family members. It is considered to be premature, because death occurs at an age where life expectancy is positive and different from zero. The concern arises from the finding that 74.7% of the deaths recorded by Covid-19 until 8/13/2020 occurred in individuals aged 60 years or older, of which 56.4% were men. For example, at age 60 a male individual could still expect to live another 18.1 years, given the health conditions prevailing in 2018.