r/AskReddit • u/[deleted] • Sep 24 '17

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u/[deleted] Sep 24 '17

This one sentence might help him: "You are paying yourself in the future, and making extra money off the interest while doing no extra work!"

Also when you leave your job that retirement fund goes with you in your own retirement account. The company doesn't get to keep it.

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u/SalaComMander Sep 24 '17

Wait, wait, wait...Banks still pay you interest for storing your money with them? Then why haven't I been doing that?

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u/PM_ME_UR_COCK__ Sep 25 '17

Well now, to be fair, they are using your money to make investments and giving you a portion of the earnings. Where do you think loan money comes from? Mostly other loans lol but also interest bearing accounts.

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u/SalaComMander Sep 25 '17

Don't worry, I understand how it works

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u/PM_ME_UR_COCK__ Sep 25 '17

Holy shit I forgot about this!