Saving "Grain by Grain" for Retirement Includes Youth Accounts, Special Savings Certificates, and Reverse Mortgages.
4 Articles
4 Articles
A study requested by the government promises controversy even because diagnosis goes against what has been claimed. Pension system is deficient and there must be measures to ensure equity between generations.
For many retirees, their biggest asset is not their retirement account, but the home they have lived in for decades. A reverse mortgage allows homeowners to convert their home into cash without having to sell or move.
Working group proposes several instruments to guarantee supplementary savings for retirement, without ending public social security.
The working group's document suggests, among the measures for a reform of Seguran a Social, the creation of a programme to save at the age of 18.
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