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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23.04 2024Price spikes see people take charge of their electricity use
People in Estonia have begun to consciously manage their electricity consumption during periods of high prices. This has helped reduce costs and better balance energy supply and demand. However, the potential for managing electricity consumption in Estonia is double that which is currently being seen, and its full implementation would require the amendment of legislation.