What are they talking about? We don’t have money for anything. How are we supposed to think about saving for our retirement?
We’re already too busy paying taxes to fund the boomers’ retirement, while they remain delusional about the world and think that everyone else just has to work harder.
Depends a lot on where you are. My grandmother gets 2€ for every euro they put into their pension payment. I get 0.85 for every euro, and I get that in 40 years. I am talking here about the national pension system, if I could avoid paying into it I would, as the only worse investment I can think of is buying a car. Or perhaps NFTs
I am fortunate, as I have had a decent career. Still I must assume that the only way I can retire is have some savings and live outside the city. And even that’s assuming the whole system doesn’t collapse before I retire.