Nearly half of the people in Finland do not think that their statutory pension will be enough for the standard of living they want, according to a survey commissioned by financial group OP Pohjola. The survey showed that less than a fifth of the people in Finland believe that their statutory pension will be enough to provide them with a sufficient standard of living and 28% will compromise on their standard of living to safeguard their livelihood, said OP in a press release on Friday. Only 18% of people aged from 18 to 79 believe that their statutory pension will provide them at least fairly well with the standard of living they want. "Uncertainty about whether the pension will be enough is understandable, because income level often drops significantly at retirement. In 2024, the median pension of the people in Finland was about 1,800 euros per month and the median income was about 3,600 euros per month. This difference highlights the importance of foresight," said Kristiina Michelsson, Managing Director of OP Life Assurance Company. Women trust that their pension will be enough less often than men and 43% of men do not believe that their pension will be sufficient, whereas 51% of women feel the same way. The least optimistic are young adults and as many as 59% of people aged from 26 to 34 doubt that their pension will be enough. The most optimistic about their pension are the people aged from 50 to 64 as one in three believes that their pension will cover their needs at least fairly well. "The results most likely reflect the fluctuations in the economy in recent years as well as the discussion about demographic changes and the future of the pension system. Especially for the young, retirement feels like something that is far away, which causes uncertainty," said Michelsson.