An independent think tank at the Riigikogu Have you ever thought of your retirement?
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.
The scenarios created by the Foresight Centre can be read here (in Estonian): https://arenguseire.ee/raportid/
Latest news
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27.06 2025Current low birth rate will lead to up to 1.3 billion euros less tax revenue in the future
In its new short report “The impact of population ageing and low birth rate on long-term state revenue and expenditure”, the Foresight Centre notes that the lower than projected birth rate will reduce government spending on family policy and education, but in the long term, it will mean up to 1.3 billion euros less in tax revenue.