retirementage
As the cost of living crisis continues to sweep through most European countries, several workers have seen their savings and pensions erode, including retirement savings. This has also led to many being forced to increase their retirement ages, in order to make up the gap and be able to stay afloat in an increasingly uncertain economy. A new study by AgeCalculator.com, using Organisation for Economic Cooperation and Development (OECD) data gathered from between 2000 and 2020, shows that retirement ages in several European countries have risen significantly during this period. Bulgaria takes th...
Euronews (English)
Our perception of what age is considered old has increased over time, according to a new study. Researchers found that middle-aged and older adults in Germany believe that old age begins later in life than people did previously. They analysed data from 14,056 participants in the German Ageing Survey, which includes people born between 1911 and 1974. Study participants were surveyed up to eight times over 25 years and asked "at what age would you describe someone as old". They were assessed in 1996 and then re-questioned over time with new participants entering the survey later. "This is why we...
Euronews (English)
Retirement in the US traditionally begins at 65. At this age, people generally choose to permanently leave the workforce and live on a combination of investments, a pension and any other benefits they may have earned during their lives. Unfortunately, unless you begin planning early, actually doing this may prove difficult. Q2 2021 hedge fund letters, conferences and more More Than Half Of All Americans Will Retire BrokeA recent survey of 3,000 Americans conducted by CreditNinja.com found that 64% of Americans will retire broke. The pandemic has made things worse for many Americans nearing ret...
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