Happy retirement?

The subject of pensions must be one of the most boring imaginable, but one thing that is even less appealing is a long retirement lived out in grinding poverty. Yet all over the developed world, pension schemes are going through major reforms in response to a common threat. This threat is funding or, rather, the lack of it: many pensions schemes face the prospect of running out of money unless something is done to increase their ingoings or reduce their outgoings, or both.

Read the full blog post here

Source: http://www.iea.org.uk/blog/happy-retirement

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