A battle is unfolding in Spain about raising the retirement age from 65 to 67.   As reported in EuroNews, Spain, like many other developed countries, is facing challenges associated with the rise of its elderly population, lack of younger workers and budget deficit caused by increase in number of pensioners.

Sound familiar?  If you search our blog on the word ‘pensions’, you’ll find links to articles describing the ways in which other countries are dealing with their own financial crisis, including an increase in the retirement age.