“We are living longer. The bad news is that we can’t really afford it.” Article in the Independent

The recent World Economic Forum revealed a survey that suggests men will outlive their retirement funds by 10 years and women by 12. The pressure is on individuals to start saving by age 35 and invest wisely as government and employer-sponsored retirement plans around the world come under strain. Experts say you need €497,000 as an average salary from age 65 to 100, which requires a minimum €261 monthly contribution.

Source: www.independent.co.uk/money/spend-save/pensions-long-retirement-savings-income-shortfall-elderly-money-issues-longevity-a8968131.html