16 upvotes, 1 direct replies (showing 1)
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if we’re broke when we retire we’re broke and it’s our problem
You answered your own question. And generally if a lot of elderly people are broke, that is usually a problem for that society.
UAE solves that by revoking visas or deporting unproductive noncitizens. Most countries have citizens so they can’t really do that.
Comment by PurchaseWonderful536 at 04/11/2024 at 09:43 UTC
-12 upvotes, 3 direct replies
Yes but if the system was made so we knew that nobody was gonna give us money after we retired then people would prepare themselves for their own retirement. Now people just rely on the pension. If the pension never existed then people wouldn’t rely on it they would plan their own finances