nottheaverageactuary

Actuarial news and views from Cape Town and beyond

Why retirement is getting tougher

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Not a bad summary, and a lot of it also applies to South Africa. Not sure about listing “we are working longer” as a cause of poor retirement results (it’s more of a consequence), but the other points are not unreasonable. The point about divorce is interesting – undoubtedly true, but being alone in old age has huge financial as well as happiness (hobbyhorse alert!) implications.

http://finance.yahoo.com/news/8-reasons-your-parents-had-an-easier-retirement-than-you-will-183825073.html

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