While most acknowledge that people are living longer, one area that people are only coming around to realizing is living longer means either having to save more for their golden year or working later in life. As the data shows, however, it’s looking more and more like people will have to retire later (if at all) given the financial shortfall. Contending with this potential financial shortfall and overcoming it is a part of our Aging of the Population investing theme.
Employees in the U.S. are more pessimistic about whether their generation will be “much worse off in retirement” compared with their parents’ generation. In America, 76 percent agreed or strongly agreed with that statement. Globally, 66 percent agreed.