We often hear about the challenges of pensions and lifestyles as our economies age. The populations of the UK and Europe are aging , with the median age in the UK at 40 and rising.
This trend means more benefits and incentives are being targeted at the older population. For this system to work, you need more young people entering the workforce in full employment, paying income taxes and National Insurance.
Here’s the part that often gets overlooked in the national dialogue: increasing youth unemployment is a direct risk to your pension!
If you’re investing in the future, consider focusing on companies that:
Employ more people in younger age groups.
Sell to and offer services oriented toward the under 30 age bracket.
Stimulating this process is key to supporting the economic structure as we all age.
#Economy #Pensions #YouthEmployment #Investing #Demographics #UKEconomy
