Half (52 percent) of respondents to NN’s longevity study conducted in Romania, believe it is likely they will live until the age of 90, and 73 percent say they feel prepared for a long life.
However, 82% are worried about Romania’s outlook in the near future and the impact on their lives, with the cost of living, the economic and employment perspectives, and the public debt being the main concerns.
Only 26% of respondents say they have managed to secure a comfortable financial future so far. 37% consider they currently have a difficult financial situation and another 46% feel they are just getting by.
Although 53% say that their money situation is improving year after year and 41% have a minimum of 3 months’ savings secured, in the long term 3 in 10 believe that they will never be able to have the things they want in life.
56 percent of Romanians are aware they need to think about their financial well-being as early as possible in preparing for a long life, but 82% rely on their belief that they still have plenty of time left to make plans for old age.
A whopping 58 percent expect they will continue working as long as possible after reaching retirement age, with 6 in 10 respondents to the NN longevity study saying that they have a career they can pursue up to the age of 70.