Abstrakt:
In a long-term perspective, the Czech population – as well as the populations of all other EU countries – is aging. It is caused both by the increased life expectancy and by very low birth rates. If the number of persons funded from PAYG system increases while the number of persons contributing to the system decreases, then the amount paid to the individual pension recipients is necessarily reduced in the long run. This situation has been observable in the Czech Republic for more than 20 years and therefore, the inhabitants have had enough time to notice this fact. They had an opportunity to modify gradually their behaviour in order to take responsibility for their old age. This paper aims to analyse answers to a questionnaire survey exploring how the economically active inhabitants of the Czech Republic are getting secured for a period when they will no longer be economically active. The main goal of the research will be to find out the parameters influencing their choice of the particular retirement savings.