The Swiss bank UBS estimates there could be a shortfall of 500,000 workers in Switzerland in the coming 10 years as the baby boomer generation retires. However, the bank predicts the shortfall will not be even across all industries. Some sectors are expected to stagnate. Workers in these industries might find it harder to find […]
Question of the week: do we need a retirement age?
Reaching the official retirement age1 is an important milestone for many people. Some look forward to it while others dread it. Some dreading it would prefer to continue working either because they enjoy their work or would like the extra income. Some feel they are being systematically and unfairly labelled too old to work. A […]
Young Swiss have lost all confidence in retirement
20 Minutes. A survey by the newspaper 20 Minuten, reveals that only 12% of those under 30 expect to be able to retire. More than half expect to have to work until 70. Nine out of ten are concerned about AVS provisions and only 2.1% are certain there will be enough money. 26% think it […]
