News
Financial Literacy: How to Prepare for Your Future Retirement
20 August 2025

As part of the special financial literacy project by Minfin and Piraeus Bank, a new article is now available, focusing on planning retirement savings in Ukraine.

Piraeus Bank – How to Prepare for a Secure Retirement

The article explains complex topics in simple terms: how Ukraine’s pension system works, what to do if your insurance record is incomplete, and which financial tools can help you build savings for the future.

What you’ll learn in the article:

  • How pensions are calculated and how to check your insurance record;
  • How to “buy” missing insurance years — either in installments or all at once;
  • Alternative savings options: deposits, private pension funds, life insurance — along with the benefits and risks of each.

This is the third and final article in the special project “Financial Literacy for the Whole Family”, launched by Piraeus Bank in partnership with Minfin this summer to help Ukrainian families increase their financial awareness.

Throughout the project, we explained in simple terms and with real-life examples:

  • How to talk to children about money at different ages;
  • Why keeping a family budget matters and how to do it effectively;
  • How to prepare for a secure retirement and what to know about pension savings.

Piraeus Bank sincerely thanks Minfin for making this project possible! We hope this series helps readers better understand their financial options, avoid poor financial decisions, and build a confident future.

Read all articles in the series here: Financial Literacy for the Whole Family