A new K&H survey shows that 53% of middle‑aged Hungarians fear they will face financial hardship as retirees, down from last year’s 58% but still above the 40–44% range measured between 2018 and 2020.
Several related concerns have also declined. Some 71% of respondents worry they will not have enough money for hobbies (down from 77%), 70% fear their savings will lose value (down from 75%), and 72% are concerned about future crises affecting their finances (down from 78%).
The gap between respondents with and without retirement savings remains significant, as only 28% of savers expect difficulties compared with 59% of non‑savers. This year, 29% plan to accumulate enough savings to retire before the official age, the highest level recorded, and 32% believe they will be able to live on their state pension after a full working life.
Family support remains an important safety net, with 43% expecting help from their children, rising to 55% in households where children are already present.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
