Tag Archives: Alike

The Global Retirement Crisis Is Coming for Young and Old Alike

Filed under: Retirement, Global Economy, Retirement Plans In the prosperous years after World War II, governments in rich countries expanded their pension systems. In addition, companies began to offer pensions that paid employees a guaranteed amount each month in retirement — so-called defined-benefit pensions. It got even better in the 1980s. Many countries began to coax older employees out of ...

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