A survey reveals that nearly two-thirds of Slovaks aged 50–65 expect a lower standard of living in retirement, slightly more than in the Czech Republic. While most save for retirement, only 29% invest. Retirees are less pessimistic than those still working, especially managers concerned about pension limitations. Most savers intend to use their funds for travel or wellness, and investment rates rise with income and education. Experts highlight the need for better financial literacy, particularly among those with lower education levels.
Source: TASR
Kristína Hanáková, Photo: forbes.sk