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Call to raise retirement age to at least 70 - BBC
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<blockquote data-quote="cheryl" data-source="post: 2864508" data-attributes="member: 1"><p><a href="https://www.bloomberg.com/news/articles/2017-05-26/retirement-savings-gap-is-seen-climbing-to-400-trillion-by-2050" target="_blank"><strong>World's Major Economies to Come up $400 Trillion Short on Retirement Savings - Bloomberg</strong></a></p><p></p><p>Longer life spans and disappointing investment returns will help create a $400 trillion retirement-savings shortfall in about three decades, a figure more than five times the size of the global economy, according to a World Economic Forum report.</p><p></p><p>That includes a $224 trillion gap among six large pension-savings systems: the U.S., U.K., Japan, Netherlands, Canada and Australia, according to the report issued Friday. China and India account for the rest.</p></blockquote><p></p>
[QUOTE="cheryl, post: 2864508, member: 1"] [URL='https://www.bloomberg.com/news/articles/2017-05-26/retirement-savings-gap-is-seen-climbing-to-400-trillion-by-2050'][B]World's Major Economies to Come up $400 Trillion Short on Retirement Savings - Bloomberg[/B][/URL] Longer life spans and disappointing investment returns will help create a $400 trillion retirement-savings shortfall in about three decades, a figure more than five times the size of the global economy, according to a World Economic Forum report. That includes a $224 trillion gap among six large pension-savings systems: the U.S., U.K., Japan, Netherlands, Canada and Australia, according to the report issued Friday. China and India account for the rest. [/QUOTE]
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Call to raise retirement age to at least 70 - BBC
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