Beyond the generalisations of who has had it tougher, today’s economic benefits don’t seem to be as abundant. Everyone is being caught in the squeeze from pensions to housing, education and job security. So should we defuse or detonate the demographic time bomb?
The assumption that you’ll invest enough of your earnings into a pension scheme and enjoy a decent standard of living when you retire is a faulty one. Today, the retirement prospects for Generation X’ers and Millennials are looking bleak. Andrew Walker looks into what went wrong.