Recent research by ING Bank Śląski highlights that Poles predominantly associate retirement with fear (40%) rather than hope (23%). The level of financial preparation significantly influences these emotions. Among those already saving for retirement, only 34% feel anxious, compared to 45% of non-savers. Income levels also play a role, with higher earners feeling less worried. Women express greater concern (43%) than men (36%), primarily due to financial insecurity.
Generational and Social Gaps
Interestingly, younger Poles (18-34) worry about retirement more (almost 50%) than older generations (55+), with loneliness being a notable concern for the younger group. Marital and parental status also impact anxiety levels; married individuals and those with children feel less apprehensive than singles and childless respondents.
Growing Financial Awareness
The study reveals a rise in retirement savings, with 39% of respondents now saving compared to 35% in 2022. Awareness of retirement-saving products like Individual Retirement Accounts (IKE) and Employee Capital Plans (PPK) is growing, though knowledge gaps persist between genders and across urban-rural divides.
Encouraging Financial Security
The findings underscore the importance of financial planning. Tools like IKE and IKZE offer tax advantages and promote long-term savings, providing a pathway to a more secure retirement.