In the latter half of the 20th Century, millions of retirees were able to construct a stable base for income from the three pillars of personal savings, employer pensions and government benefits. But now, early in the 21st Century, the balance has shifted. In 2017, more than three-quarters of individuals worldwide now say they believe the responsibility for funding retirement is increasingly landing on their shoulders.1
Retirement security: a global issue
To help shed light on the challenges and opportunities of today’s retirement landscape, we have enlisted David Lafferty, Boston-based Chief Market Strategist for Natixis Global Asset Management, and Philippe Waechter, Paris-based Chief Economist for Natixis Asset Management. Their discussion is presented as a supplement to the 2017 Natixis Global Retirement Index, which seeks to provide a measure of how well retirees are set up to succeed across the developed world.
Lafferty and Waechter’s combined experience and expertise provides a well-rounded, global view of the economics affecting retirement security.
1 Natixis Global Asset Management, Global Survey of Individual Investors conducted by CoreData Research, February-March 2017. Survey included 8,300 investors from 26 countries.