Pensions Meltdown Fear As One in Four Will Retire by 2027

Daily MailAugust 09, 2007

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Summary


A QUARTER of the Irish population will be retiring in less than 20 years, sparking fears that hundreds of thousands of people without pensions are facing a drastic drop in their quality of life.

New census figures show Ireland is set to go through immense social changes over the coming decades as the youngest population in Europe follows the rest of the West into old age.

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Extract


Pensions Meltdown Fear As One in Four Will Retire by 2027

However, fears have been raised that a lack of current private pensions means many people could be left living in poverty unless they change their spending habits n...

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