The Foresight Centre is a think tank at the Chancellery of the Riigikogu that analyses long-term developments in society and the economy. Our mission is to help shape forward-looking policy-making.

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The financial well-being of the future elderly

The Foresight Centre developed three scenarios that represent the financial situation in 2050 of people who had received an average salary and have recently retired. Every scenario uses a different pension system and different social attitudes towards the role of the elderly, which affect their opportunities to participate in the labour market. The scenarios help to put oneself in future situations and gain a better understanding of how to define old age and review one’s expectations for financial well-being in the future, in order to make better choices today.

18.12.2019

The financial well-being of the future elderly

The Foresight Centre developed three scenarios that represent the financial situation in 2050 of people who had received an average salary and have recently retired. Every scenario uses a different pension system and different social attitudes towards the role of the elderly, which affect their opportunities to participate in the labour market. The scenarios help to put oneself in future situations and gain a better understanding of how to define old age and review one’s expectations for financial well-being in the future, in order to make better choices today.

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