Around the world, a looming problem is making workers nervous–and angry. People in many countries are living longer, and at some point governments will run out of money to pay their retirement benefits.
One solution some politicians are pushing: raising the retirement age for workers. Which…is about as popular as it sounds.
So what is the answer? Ben Sills, who leads Bloomberg’s government and economics coverage in Europe, and White House and politics reporter Nancy Cook join this episode to sort through the tough economics and fraught politics of retirement. And pensions reporter Amy Bainbridge, personal finance reporter Ainsley Thomson, and senior editor Emily Cadman talk about how governments all over are trying to get hold of the problem before it becomes a crisis.
Read more: https://bloom.bg/3SapcUf
Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK
Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.
See omnystudio.com/listener for privacy information.