Finance
Register
Advertisement

The Pensions crisis is the potential result of insufficient resources being reserved for retirement income as life expectancies rise. As a larger share of the population become reliant on a smaller proportion of the economic active, public and state provision will fall. This is likely to considerably affect the financial prospects of retirees, many of whom are suspected of making insufficient private saving. Solutions to the pensions crisis could include higher taxes, later retirement, or the encouragement or reform of private saving, perhaps under compulsion. Some claim that the pensions crisis does not exist or is overstated, as pensioners in developed countries faced with population aging are often able to unlock considerable housing wealth and make returns from other investments or employment.

Discuss![]

Talk about everything related to Pensions crisis in our wiki-based forum.





External resources[]

If you want to add personal links, please do that on your user page - you can also write your profile there. If you have a link with great content that persons using Finance Wikia need, you can add it at Pensions crisis/Links

This page uses Creative Commons Licensed content from Wikipedia (view authors). Smallwikipedialogo.png
Advertisement