In a country with so many pressing and pressing issues, retirement is probably one of the last things on our minds when we’re calculating how to spend or breaking the budget.
If you think that retirement is in the very distant future, then probably the thousands of French people who are now rebelling against the need to raise the retirement age thought so too. “These changes were necessary to guarantee a pension for all,” French President Emmanuel Macron said as he tried to quell public anger over the decision to raise the retirement age from 62 to 64.
Few people dream of working more, but economic data make this decision inevitable. The French reality is not far from the Romanian one. The difference is that in the domestic public space, the idea that we can voluntarily retire at the age of 70 has only started, as “Panorama” wrote. Life expectancy is increasing, birth rates are decreasing, systems are allowing, through all sorts of exceptions, early retirement, so in short, there is pressure on the generations that work and support the current retirees.
Regardless of what the retirement age will be in 10, 20 or 30 years, one thing can be said: you should not dream of living to retirement if you rely solely on the state.
Read the article on Panorama.ro
Source: Hot News
Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.