Savings

Difference Between Dream and Reality

Difference Between Dream and Reality

Planning, Savings
One in two thinks it will take at least $1 million to make a comfortable retirement. But the vast majority of workers are light years away from achieving this goal. What's wrong? Big dreams, small cushions: the vast majority of people (76%) have amassed less than a quarter of the savings they think they need for retirement. This proportion is also up 2% from the average of the last three years. (more…)
It’s Beautiful to Dream … of a Golden Retreat

It’s Beautiful to Dream … of a Golden Retreat

Planning, Savings
It's beautiful to dream of a golden retirement and to enjoy life after a long period of work. Many people want to realize in this new phase of their lives a lot of projects for which they did not have the time during their working life. But too often all beautiful projects fail for lack of financial means. This is why one has to realize that the amount of his legal pension will be much lower than the salary. For the private sector, the legal rent varies between 60% and 70% of the last salary. Faced with the demands of modern life, however, it is hard to settle for less at the time of retirement. The equilibrium of pension plans is regularly questioned and the near future is hardly any more reassuring. Uncertainties in terms of demographic change, the deterioration of the labor market...