Three out of ten U.S. residents assume that they will not have sufficient financial security in retirement and will have to earn extra money, according to Statista Global Consumer Survey. As our Infographic shows, the United States’ northern neighbors are even more concerned about their financial standing in old age.
In addition to India, the list also features an outlier in the lower digits: Less than a quarter of UK respondents believe they will need to supplement their pension with additional work. Although the maximum amount of payable state pension is only around 142 pounds sterling per week, employers in the United Kingdom need to enroll all of their British citizens on staff with an annual salary of more than 10,000 pounds sterling in an occupational pension scheme, which is opt-out rather than opt-in as is common in countries like Germany, for example.
