A total market collapse and after that the economy does not recover? I guess we will have more serious problems than pensions then. These funds are highly diversified. It’s not like they gamble all on one company.
You can see the alternative in Germany. A considerable amount of tax money has to go into the pension fund just to keep it alive. It’s the biggest part of our budget!
That’s the problem. It shouldn’t be normal.
Would you prefer pensions to lose most of their value to inflation?
Would you prefer to they lost their value due to some rando picking the wrong stock, or from a total market collapse?
If you’ve got a better idea for what to do with pension contributions we’re all ears.
A total market collapse and after that the economy does not recover? I guess we will have more serious problems than pensions then. These funds are highly diversified. It’s not like they gamble all on one company.
You can see the alternative in Germany. A considerable amount of tax money has to go into the pension fund just to keep it alive. It’s the biggest part of our budget!
And how would you suggest seeing a return on retirement savings?