Happy New Year! Thinking about winding down your work in 2026? In countries with ageing populations, there’s a growing likelihood that many of us will be. But behind the dream of a cosy retirement, the economic reality is ever more complex.
As populations age, the number of younger people entering the workforce is shrinking – and that’s a big problem for “pay as you go” state pension schemes where employees fund the pensions of an expanding cohort of retired people.
