Pensions in a Nutshell
Pensions and retirement. Politicians, experts and us as well can’t stop going on about them. But there is a good reason why. At the end of the day, we will all have to retire. Are you familiar with the system that is supposed to take care of you when you won’t be able to work anymore? In today’s blog, I will walk you through the functioning of a typical European pension system.
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Are you prepared to live 20 years without a salary?
Pensions are not something that is discussed over a beer in Slovakia. However, it is a subject we cannot afford to ignore, as this period represents approximately a fifth of our lives. How much money will I receive during retirement? And will it be possible to make a decent living from this amount? Will I be able to reach the retirement age at all? These are the questions that will sooner or later begin to bother each and every one of us.
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