There’s a new best country in the world to retire, according to the experts at International Living (IL), an authority on global retirement and relocation opportunities. In its Annual Global Retirement Index, Mexico is the best retirement place in the world.
After recently rejecting the notion of retiring at age 67, Swiss citizens have spoken against a 10% increase in retirement income. 59.4% of voters were against the proposed scheme.
In Germany, older adults poverty rates have increased by 25% percent over a decade. Some politicians are blaming the ruling party for not taking sufficient care of the elderly. [Read more…] about In Germany, the elderly live through increasing poverty
The Swiss National Council recently decided on an automatic increase of retirement age should the AVS fund (Elderly and surviving insurance) go into deficit. 63% of the Swiss reject the notion, according to a survey published on Sunday by Schweiz am Sonntag. [Read more…] about Swiss citizens refuse to retire at age 67
The Global retirement index of 2016 was published on July 20th by Natixis Global Asset Management. It takes into account key factors affecting retirement security and is instrumental in comparing best practices regarding public and retirement policies across 43 countries. [Read more…] about 2016 Global retirement index: adapting retirement systems to changing demographics
More and more people aged 65 and above keep working in the USA, even more so than during the great economic recession of 2007. Focus on a trend on the rise. [Read more…] about USA : the upward trend of working seniors
Like many other Asian countries, South Korea’s population is ageing rapidly. In the next few decades, the financial burden of retirement threatens to become crushing. [Read more…] about In South Korea, retirement is weighing down the economy
As soon as they turn 20, Japanese people have to make monthly contributions to the kokumin nenkin kikin seido, which is the contribution system to fund the retirement of the elderly.
However, a large part of the Japanese youth does not understand how the financing system for retirement works, nor do they understand its utility. Therefore the Japanese Minister of Health, Work and Welfare invested 16 million of yens in an information campaign. One of the main tools of this campaign is a manga that explains to youth the way the contribution system for retirement works.