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May 15, 2012

The Cedar Lounge Revolution

Here’s something that’s bound to surprise all of us. Straight from the Sunday Business Post.

Less than a quarter of Irish adults are saving for their retirement via a pension, according to research due to be published this week.
The latest figures from the Irish Association of Pension Funds (IAPF) revealed that two-thirds of Irish people are not setting aside money for their retirement through a pension fund.

Amazing – eh? The midst of the worst recession in generations and fully two-third of Irish people are eschewing pensions.
And what of this?

According to the findings, those most likely to be saving for retirement include men, middle-aged people, people with families and middle-class individuals.

Who would have thought it? That middle-class individuals would be most likely to save.
And while you’re digesting that information here’s a bit more…

The research also revealed that almost half of all adults expect that…

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