Retirement
Free healthcare is a major reason that people move abroad, new research has revealed. 70 per cent of those surveyed in the US by Expatsi said they hoped to benefit from free healthcare in their target countries. The high cost of healthcare in the US is likely a major contributing factor. Half of American adults say it's a challenge to keep up with healthcare costs and one in four say they or a family member has struggled to pay healthcare bills in the last 12 months, according to KFF. Free medical care isn't the only reason people move abroad. 15 per cent of those polled by Gallup said they wa...
Euronews (English)
Numerous studies have shown that job-related stress is by far one of the most significant sources of stress for American employees, with a significant number of elderly or those over 50 years old being impacted by high-pressure jobs and complex working schedules. The Economic Policy Institute found that nearly half – 46.1 percent – of those aged 50 and older experience stress due to high-pressure jobs. More worrisome is that roughly 50.6 percent of older workers are currently employed in physically demanding positions, often impacting their near-term and long-term physical or mental well-being...
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ValueWalk
ValueWalk
For many older Americans, the dream of a peaceful and worry-free retirement can be clouded by the weight of carrying debt as they age. With limited income sources such as Social Security, retirement savings, and pension plans, handling retirement debt can seem overwhelming. Nonetheless, recognizing how debt affects your stability and employing strategies to address it directly can pave the way for a more secure and fulfilling retirement. Let’s delve into the forms of debt that retirees encounter, explore ideas for creating a plan to repay it, and discuss methods to avoid accumulating new debts...
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ValueWalk
Pension planning has been a key topic in the last few months, amid the current economic uncertainty involving higher interest rates, rising inflation and the cost of living crisis in many countries. This has left some workers wondering if they are saving enough for their pensions, and if not, worrying about how to attain their retirement goals in a sustainable and comfortable way. This, in turn, has resulted in the rise of a variety of financial and pension planning rules, concerning how might be the best and most efficient way to apportion your money. According to various financial experts, t...
Euronews (English)
As the cost of living crisis continues to sweep through most European countries, several workers have seen their savings and pensions erode, including retirement savings. This has also led to many being forced to increase their retirement ages, in order to make up the gap and be able to stay afloat in an increasingly uncertain economy. A new study by AgeCalculator.com, using Organisation for Economic Cooperation and Development (OECD) data gathered from between 2000 and 2020, shows that retirement ages in several European countries have risen significantly during this period. Bulgaria takes th...
Euronews (English)
ValueWalk
Your decades-long run of morning rush hours, demanding work days, and the pressure to perform is finally over. During those mad-dash days and often headache-inducing projects, it can be hard to imagine retirement, much less dream about it. But before you know it, retirement will come, and once it’s here, you might be surprised by what it’s like; especially in the first six months. You might have thought you’d be jet-setting the globe or donating your blazer collection immediately. Others might find that removing themselves from their life’s work is more challenging than they’d expected. Today’...
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