LONG-TERM SAVINGS OPTIONS FOR A PENSION IN BULGARIA Cover Image

ВЪЗМОЖНОСТИ ЗА ДЪЛГОСРОЧНА СПЕСТОВНОСТ ЗА ПЕНСИЯ В БЪЛГАРИЯ
LONG-TERM SAVINGS OPTIONS FOR A PENSION IN BULGARIA

Author(s): Galina Stoyanova
Subject(s): Social Sciences, Sociology, Family and social welfare, Welfare services
Published by: Бургаски свободен университет
Keywords: savings; pension; life savings insurance; additional voluntary pension insurance; pan-European personal pension product.

Summary/Abstract: People's individual savings are each person's personal choice and responsibility. Life's goals – which they can satisfy – are varied, interconnected and often time-limited. One of them is the long-term retirement savings and the relative preservation of living standards in the „white-haired“ years of retirement age. Timely and flexible – adaptive planning of personal finances in the long term, in order to accumulate funds for retirement and knowledge of the essential advantages and disadvantages in using product opportunities to do so, optimistically determines a better pension scenario for each person when the time comes for the pension to be the main source of funds.

  • Issue Year: XLIV/2021
  • Issue No: 1
  • Page Range: 192-201
  • Page Count: 10
  • Language: Bulgarian