Wednesday, June 08, 2016

OECD: The World Faces A Pensions Crisis
Article highlights how the people retiring today can expect 1/2 the income of those who became pensioners at around the year 2000 .. "The stark findings by the Organization for Economic Co-operation and Development (OECD) will be presented in a report this week that highlights the impact of ultra-low interest rates on global retirement incomes .. 'We've had more than half a decade of very low interest rates and that means someone who has been putting money into a savings account or into a pension fund - the value of their lifetime retirement is about half the value of someone who retired in 2000'.'"
LINK HERE to the article

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