Why RETIREMENT Hope Is SLIPPING AWAY for Spain’s Young Population

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Why are young people in Spain potentially facing retirement at 71? In this video, I break down a new study from Fundación BBVA and IVIE showing how Millennials and Gen Z in Spain will very likely have to work longer than previous generations to secure a decent pension, and what young people can do about it.

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Mentioned in this video:
🔹 BBVA Report (in Spanish): https://www.fbbva.es/noticias/retraso...
🔹 Eurostat data on Youth Employment: https://ec.europa.eu/eurostat/statist...
🔹 PWC Report on Youth Unemployment in OECD countries: https://www.pwc.co.uk/economic-servic...

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Chapters:
0:00 - Intro
0:48 - How the Spanish Pension System works
1:27 - Youth employment and education rates
3:41 - The unfortunate reality for young people
6:53 - What can young people do about it
10:21 - How to create Global Financial Freedom

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About me:

Welcome to Millennials With Money!

My name is Jonny, I'm a financial analyst from the UK, currently living and working in Spain.

I created this channel to help and inspire young people to improve their financial situation and live life to the full by sharing my own experiences with money and living abroad.

I upload content on a weekly basis about personal finance, how to invest your money, tips to help you save more money, real estate and property, and travel and living overseas.

Everybody is welcome in the Millennials With Money community! Let's get this money!!!

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Music by Epidemic Sounds: https://share.epidemicsound.com/o6n1px

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#spain
#retirementplanning
#financialfreedom

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DISCLAIMER: The opinions and views shared on this channel are for entertainment and educational purposes only and are not to be taken as financial advice. Always conduct your own research prior to making any financial decision. Millennials With Money cannot be held responsible for any financial loss incurred from any decisions you make following this video.