IMF is urging countries globally to act to ease stress on public finances, sparking mainly outrage but also support

As French workers stage yet another public show of discontent about President Emmanuel Macron’s raising of the state pension age from 62 to 64, the International Monetary Fund has urged governments to encourage fit, older workers to delay retirement.

Its recommendation is that people of the baby boomer generation should stay in work for longer to help balance public finances amid fiscal pressures caused by an ageing global population.

Continue reading…Retirement age, Retirement planning, International Monetary Fund (IMF), Economics, Family finances, Business, Money, Work & careers, Ageing, Older people, Society, UK news, Public finance, Borrowing & debt, State pensions, Pensions, Health, Tax and spendingRead More

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