engleski

Investment fuds possibilities for Croatian citizens

Croatian citizens are faced with certainty of low retirement income to which they exercise the right based on saving in the first and second pillar. This is the result of extremely unfavourable demographic trends and prolongation of the life expectancy age. In these circumstances, awareness has developed of the need to raise funds to ensure financial security, protect living standards in retirement age and bridge the income gap that arises after retirement. Opportunities for the citizens of the Republic of Croatia exist, and one of the modalities is allocation of the saving in investment funds. The focus of this paper will be precisely this type of financial activity. Investing in mutual funds requires a certain level of financial literacy, but also the ability to cope with the risk that this type of financial activity inevitably carries. The extent to which differences in returns affect the choice of investment type will be investigated. All aspects of this type of investment with all the advantages and disadvantages will be analysed, and based on the obtained results, adequate recommendations will be made.

investment funds, retirement income gap, financial literacy

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