UK state pension age will soon need to rise to 71, say experts
UK state pension age will soon need to rise to 71, say experts
www.theguardian.com UK state pension age will soon need to rise to 71, say experts
Research on life expectancy and birth rates shows that ill health makes status quo unsustainable
The way I see it there are three realistic choices a country can make.
- Raise the pension age. Not very popular with the public as illustrated by protests everywhere this has been mentioned.
- Increased migration. Not very popular with the public as seen by the rise of far right parties in both Europe and outside.
- Lowered living standards. Not very popular because who wants to pay the same taxes but get less out of it?
This isn't a UK problem. It's the entire western world. And no, the populist idea of "just have more kids" doesn't solve it.
Any ideas?
