You will receive less retirement money than Millennials (who will get less than Boomers), while the percentage of your income for pensions increases monthly, and the retirement age rises. This change won’t happen suddenly but in waves.
Many liberal governments in Europe are currently pushing to raise the retirement age. For example, in my country, reforms have already ensured that by the time I reach retirement age, it will be set at 74.
You will receive less retirement money than Millennials (who will get less than Boomers), while the percentage of your income for pensions increases monthly, and the retirement age rises. This change won’t happen suddenly but in waves.
Many liberal governments in Europe are currently pushing to raise the retirement age. For example, in my country, reforms have already ensured that by the time I reach retirement age, it will be set at 74.