For a long time now, we have been offering various articles that cover a number of key factors in the future reduction of our pensionsThe first of these: population ageing, social security deficit, precarious employment (even if the unemployment figures seem to be improving), etc. Let's focus on the first of these, and understand why it is a risk to our future retirement pension.
Information from the trade press
All economic newspapers report on the difficult sustainability of our current pension system, and the various formulas applied in other countries that could be imported to try to improve this situation.
- Cinco Días: “The ageing of the population is a fact. Longer life expectancy means that retired people will be retired for longer, a tremendous challenge”.”
- Expansion: “The ageing rate in Spain has increased for the seventh consecutive year, reaching a historic high of 118%, which means that for every 100 children under 16 years of age there are 118 over 64”.”
We could mention an infinite number of newspapers, which reflect a social reality: pensions will soon be difficult to sustain as we know them.
Aron Strandberg and his dilapidary charts
We love this economist who is aiming very high, and the national press has been reporting on him for some time now, for example El País or ABC.
Thanks to its predictive calculations and the countless data from previous years, it has prepared a graph showing very clearly the ageing of the population over the decades throughout Europe, but especially in Spain.
Here is the link to see the moving chart of the progressive ageing in Europe.
And here are the static screenshots of two past dates and the prediction for 40 years from now. You can see how, while the UK or France, every 50 years its population ages by an average of 5 years, in Spain it ages twice as fast, This is very worrying.
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