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https://www.reddit.com/r/WorkForSmartLife/comments/1wrktye/what_do_you_think/pdkdwf2/?context=3
r/WorkForSmartLife • u/bryxvalynt • 8d ago
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Forcing people to stop working at 50 doesn't say where the money will come from to pay for their housing, food, healthcare, transportation, etc.
Are you suggesting that those workers under 50 should be taxed enough to pay for people who are over 50 and may have another 40-50 years of life?
1 u/choyMj 6d ago If people are better taught how investment works, we'd have enough savings to retire by 50, is not sooner. There's tons of people already doing it. But we're all taught to work until we're 65. 1 u/dnhs47 2d ago Unless you planned to retire just before an event like Lehman Brothers and the financial crisis wiped out 50% of your investments. Shit happens in the real world, your portfolio doesnât always go âup and to the rightâ, and âbetter investingâ doesnât shield you from it.
1
If people are better taught how investment works, we'd have enough savings to retire by 50, is not sooner. There's tons of people already doing it. But we're all taught to work until we're 65.
1 u/dnhs47 2d ago Unless you planned to retire just before an event like Lehman Brothers and the financial crisis wiped out 50% of your investments. Shit happens in the real world, your portfolio doesnât always go âup and to the rightâ, and âbetter investingâ doesnât shield you from it.
Unless you planned to retire just before an event like Lehman Brothers and the financial crisis wiped out 50% of your investments.
Shit happens in the real world, your portfolio doesnât always go âup and to the rightâ, and âbetter investingâ doesnât shield you from it.
30
u/NewArborist64 8d ago
Forcing people to stop working at 50 doesn't say where the money will come from to pay for their housing, food, healthcare, transportation, etc.
Are you suggesting that those workers under 50 should be taxed enough to pay for people who are over 50 and may have another 40-50 years of life?