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Pensions at a Glance 2017 says that public spending on pensions for the OECD as a whole has risen by about 1.5% of GDP since 2000. However, the pace of spending growth is projected to slow substantially.
At the same time, recent reforms will lower the incomes of many future pensioners. People will live longer and to ensure a decent pension would have to postpone the age of retirement.
[Read more…] about Pensions reforms have slowed in OECD countries but need to continue, says OECD
According to a study on elderly’s financial insecurity published by the DIW (Deutsches Institut für Wirtschaftsforschung), poverty among elderly tends to gain ground in Germany.
« This phenom would affect more persons that have been through a long period of unemployement, such as mothers », says Peter Haan, co-author of the study.
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.
[Read more…] about Best places in the world to retire in 2017
Dark times are ahead for retirement funding in Great Britain : a fifth of people aged 55 have been unable to save for retirement up until now, meaning they might not be able to maintain the same quality of life upon retirement, according to a study conducted by LV=. [Read more…] about A retirement crisis is looming ahead in Great Britain
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
The latest study conducted by OECD, Pensions at a Glance 2015, reveals that recent reforms have made pension systems more financially sustainable. On the occasion, an infographic was published, giving relevant facts and figures regarding financial sustainability, income adequacy, net replacement rates.
The latest study conducted by OECD, Pensions at a Glance 2015, reveals that recent reforms have made pension systems more financially sustainable. In addition, pensioners have higher living standards. Indeed, efforts have been made in half of the OECD countries so that the pension systems allow pensioners to a living well. Those reforms revealed to be successful, nevertheless efforts continue to be mandatory, as the risk of pensioner poverty remains rather serious. [Read more…] about OECD – a comprehensive view regarding pension system
Today, a new report on retirement has been released by the Aegon Center for Longevity and Retirement (ACLR) who collaborated with nonprofit Transamerica Center for Retirement Studies® (TCRS). It focuses on the issues of the retirement of homemakers all accross the world and is entitled Homemakers Are Not Off the Hook: How Should They Be Planning for Retirement?
In China, children generally insure the financial cost and care of their older parents. What about parents who don’t have children anymore? How are they supposed to pay for all their healthcare costs? [Read more…] about Beijing: new policies for childless parents
The 17th edition of the French Exhibition for the Elderly (French – Salon des Seniors) will take place on April, 9th to 12th, 2015, at Porte de Versailles, Paris.
More than 300 exponents will be present and 60 conferences are scheduled on four days. It will be the Silver Economy must-attend BtoC event. It may be the occasion for you to find the right answers concerning vital issues like retirement, health, technologies, law, tourism, home, associations, leisure, culture, jobs and services. [Read more…] about Exhibition for the Elderly – the Silver Economy event of the year
Kenneth D. Barringer, a retired pastor and clinical psychologist has recently published his book “Healthy choices for senior living”, which encourages seniors to start acting and to make the right choices in order to prepare for their future retiree life. [Read more…] about “Healthy choices for senior living” – a guide for a better retirement
According to the World Bank, 2.5 million people work in the informal waste management system by collecting recyclable garbage in order to sell it.
Many of these collectors are elderly people who can’t afford their daily expenses with the shrinking pensions they receive from the Chinese government.
[Read more…] about China: needing a job to live, the elderly have to collect garbage
According to a survey by Bankrate.com, high medical expenses in old age are the most worrisome factor for Americans, as 28% deem them their “biggest financial worry at retirement”.
Additionally, 23% of respondents worry about their saving running out; 18% believe they won’t be able to afford daily expenses.
When asked about the main reason why they won’t save money for retirement, 33% of respondents said they had just enough money for their daily expenses.
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