The long-awaited retirement dream is increasingly fragile in the face of uncertainty about the pension system, its adequacy, and the guarantees that accompany future income. The Organization of Consumers and Users conducted a survey with more than 1,500 participants aged 25 to 80, all focused on pension prospects and the overall financial future. The findings reveal a clash between reality and expectations that weighs on many households.
Although most respondents expect to receive a subsidy below their current earnings, not many manage to save consistently or plan ahead. Specifically, only seven out of ten citizens express confidence in long-term economic forecasts and retirement planning. Forty percent report that their expenses will be higher in retirement or that they simply lack enough income to save for the future, highlighting a common squeeze on household finances.
Do you think it’s possible to make both ends meet?
When asked about whether pension income will be enough to live on, opinions were cautious. About 35 percent doubt it, and 12 percent fear they will receive less than half of their prior salary. In contrast, 42 percent believe it will be sufficient, while 7 percent expect it to exceed their needs. The survey also shows an average monthly shortfall of roughly 400 euros between the final salary and the first pension payment, underscoring the financial gap many retirees anticipate.
Among those already retired, the vast majority rely on public pension benefits as their primary income. Only a small share supplement that income with savings, investments, or other sources. An illuminating insight from the study is that a significant portion of people over 65 regret not saving more earlier in life or contributing more to retirement plans. The Organization of Consumers and Users notes that building personal savings remains a key strategy to bridge income gaps after retirement, offering greater financial resilience for older ages.
Experts emphasize that proactive retirement planning, including practical saving habits, diversified investments, and timely contributions to pension systems, can help reduce the risk of income shortfalls. By understanding how pension structures work and setting clear targets, individuals can improve their preparedness and avoid unnecessary stress as they approach retirement. The study highlights that awareness and early action make a meaningful difference in post-retirement comfort and stability, a message echoed by financial advisers and consumer watchdogs alike for the North American audience. These insights come from the same body that tracked consumer concerns about pension adequacy and future guarantees, providing a grounded perspective on what families in Canada and the United States can expect in the coming years.