An independent think tank at the Riigikogu The financial well-being of the future elderly (short version)
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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21.09 2026Report: The future contribution of older people to the labour market depends on their skills, not on an increase in employment
Due to an ageing and shrinking population, the role of older people in the labour market is growing. However, Estonia cannot expect a significant increase in their employment rate, as it is already among the highest in Europe, as highlighted by the Foresight Centre in its new short report.