Ok so if you’re an American you cannot count on social security to exist unless it can invest in the market. You have a massive glut of old people and fewer to replace them. That means your government cannot afford to maintain social security unless your population grows substantially and it is shrinking.
SO if you don’t plan on killing yourself you will either need to move to a nation whose population is growing OR you need to become a stock investor via mutual funds. You will have to become what you hate.
Yes, social security to retire on is what i mean. The multiple government agencies that are social security. We are absolutely having the same conversation.
The math is the same no matter which agency you are talking about. The funds either get invested in a market paying a return or you need a much larger working population than a non-working adult population paying taxes to maintain these payments.
The math for the next few decades does not support the idea that the government can afford to cover retirement as Gen X is so much smaller than the Boomers unless they take in a lot more immigrants which is unlikely given how racist Americans are right now.
Which government are we specifically talking about here?
The united states government. Im confident they’ll take care of me if I contribute enough to society.
Ok so if you’re an American you cannot count on social security to exist unless it can invest in the market. You have a massive glut of old people and fewer to replace them. That means your government cannot afford to maintain social security unless your population grows substantially and it is shrinking.
SO if you don’t plan on killing yourself you will either need to move to a nation whose population is growing OR you need to become a stock investor via mutual funds. You will have to become what you hate.
Yes, social security to retire on is what i mean. The multiple government agencies that are social security. We are absolutely having the same conversation.
The math is the same no matter which agency you are talking about. The funds either get invested in a market paying a return or you need a much larger working population than a non-working adult population paying taxes to maintain these payments.
The math for the next few decades does not support the idea that the government can afford to cover retirement as Gen X is so much smaller than the Boomers unless they take in a lot more immigrants which is unlikely given how racist Americans are right now.
There’s no path for you to retire.
Yes, exactly the same conversation. Talking about the exact same thing.
Then please explain where the money for your retirement would come from?
Yes, saaaaaaame conversation. I expect the government will take care of me sooner or later.
Sooner if i do good. A little later if i just walk arpund being queer.
If you think you are going to get put in a camp, are you making any attempt to escape the nation before this happens?