As to the fact that people are now simply enjoying life as young adults without the social obligation (especially for women) to get married and have babies does not mean that such a trend will continue linearly forever - there are physiological limits to that. Marriage is increasingly unrelated to whether one lives in a couple or has a family...
And as to housing, extrapolating the past 30 years, which were essentially one bubble followed by one larger bubble, into the next 30 is rather ... daring.
But whatever, this is just about trying to grab people's money for insurance funds. In the long run, we're all dead. John Maynard Keynes
this is just about trying to grab people's money for insurance funds
marco:
Aviva is therefore warning that people need to start planning for their retirement sooner rather than later. <...> Darren Dicks, head of annuity propositions for Aviva UK Life, said: "There is a risk that without forward planning, today's young adults could end up in a work-to-live cycle for what feels like `forever'.
Aviva is therefore warning that people need to start planning for their retirement sooner rather than later. <...>
Darren Dicks, head of annuity propositions for Aviva UK Life, said: "There is a risk that without forward planning, today's young adults could end up in a work-to-live cycle for what feels like `forever'.
Raising a family, you say? On a lifetime earned wage of 15 years? The brainless should not be in banking. — Willem Buiter
