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In most EU countries the letter you'd need to write is very different since, as long as you have a decent job, you'll get a decent pension which will allow you
by ktzar 10y ago
In most EU countries the letter you'd need to write is very different since, as long as you have a decent job, you'll get a decent pension which will allow you to live comfortably as long as you own property by the time you retire.
Reading some of those letters made me realise how different risks families have and take in the US and the EU.
- deleted 10y ago[deleted]
- sheepleherd 10y agoThese things have changed dramatically in the last couple generations, in Europe and in the US, and Asia. I would caution you against thinking that things will stay as they are. Hell, I'd caution you against thinking things actually are the way they seem to be.
- thesimon 10y ago> you'll get a decent pension which will allow you to live comfortably Assuming the state pension system will still be running by then and won't be totally broken due to birth rates < 2. At least in countries such as Germany they are currently facing issues because of the low amount of young payers in the next few decades. And politicians are just ignoring this to get votes from the mostly elderly population (recently in Germany: pension raise of >5% while inflation is at almost 0%). Sorry, but I think depending on the pensions in the EU is waay to risky. It'll probably fail like a ponzi scheme in few decades. I guess US-citizens are actually better off, because they have more money to save on their own.