La maggior parte degli europei ritiene che le pensioni statali diventeranno inaccessibili, come dimostrano i sondaggi

Millenials will be able to cancel pensions just in time for themselves

But that is in the whole world, the economic model most countries have is going to collapse not just because people can afford to have children and housing but because of jobs and concentration of wealth.

No shit. A system that relies on eternal growth is mathematically impossible to sustain itself in the long run?

#*extremely surprised pikachu face*

It’s honestly scary to think we might pay in our whole lives and get nothing back. I wish governments at least let people see a clear, personal “pension forecast” every year.

Because they are built like a Ponzi scheme.

I think we need to approach it constructively.

The current pension model relies on there being more tax payers in the future. It is unfair that we work to pay the benefits to the boomers, and it is unfair to the boomers that worked all their lives for the promise of pensions, yes.

Life is unfair.

But there are other ways to structure pensions in the future, like the Swiss system, where investment plays a bigger role. It’s worth it to look into alternatives especially since the current model is broken.

low birth rates doesnt help, but weapth over time is just being concentrated to a small number of individuals. Basically, rich people dont pay the fair share. Countries with most billionaires will have this problem sooner

Duh doy. It’s crazy people and politics are not more talking about it.

That’s one reason why I went freelance, and am not paying into this system anymore. After a year I saved up enough for 2 years of pension already. As long as the (ultra) wealthy don’t pay their fair share, this system is doomed to collapse.

We start talking about basic universal income – but we can’t do the same for the retired?

It is simple arithmetic of a relatively decreasing working population with increasing population and continuously increasing cost of healthcare. It is the single biggest incoming social crisis when the social security system collapses, and will also massively strengthen populists.

Of course people could vote to make it more sustainable (i.e. means-test pensions or reduce it somewhat), but people would never vote in favour of that.

People will moan about this and the consistent increases of taxation, but will never vote for the structural change necessary to mitigate that or to structurally improve economic growth.

Increasingly difficult fiscal balance (looking at you France) will also be a threat to the very existence of the Euro in the long run.

I have accepted the fact I will probably never see a cent when it is my turn to get a pension

Add to the mix, the fact that a lot of people simply won’t be able to buy the roof over their heads. That’s a disaster in the waiting.

It’s not that there won’t be a pension, it’s that the retirement age keeps getting raised so that most of us will die of old age before we get to it!

This is the biggest threat to Europe at the moment. The current pension system was created when there were very few pensioners per working age person (around 4 working age person per pensioner). Now, we are trending to have a 2:1 ratio or less. This means every working age person is paying for twice as many pensioners as in the past. Sure, more working age people work now: mostly women that would have been housewives in the past. But those women were already doing valuable work in the past in child care and elderly care, so this means elderly are even more dependant on the state as in the past.

Instead of state pension systems, we should have systems of elderly care, where stipends are only given to those who need it (and don’t already have a house, for example). 

People are wrong but we would have to work longer to get it – which is fair since we live longer as well 

Mabe we should have more dogs, cats and alphabet marriages instead of children, it seems to be working great! /s