Savings & Retirement

Low Interest Rates Are Worsening Retirement Prospects Worldwide

A second wave of the Covid-19 outbreak could bring even more pain, a Natixis report says.

Photographer: Antonio Heredia/Bloomberg
Lock
This article is for subscribers only.

It’s one nasty brew: a long spell of low or negative interest rates, a record level of public debt, a recession, income inequality and climate change.

Those are some of the elements affecting the welfare of retirees around the world, and they make the odds of a financially secure retirement ever more remote, according to the 2020 Natixis Global Retirement Index released on Tuesday.