5 ms·

They get pension, which is funded from the taxes they presumably paid while they were working (if they were not working, they will still get some). Just like it

by listic 17y ago

They get pension, which is funded from the taxes they presumably paid while they were working (if they were not working, they will still get some). Just like it is in other countries, I suppose.

Tichy 17y ago
And nobody ever considers to save any money on the side? Or which parts of the "infographic" were confusing to you?
- listic 17y ago
  I guess some do consider; don't know how many. But if you say that 40% don't save for retirement I just have no idea if it is supposed to be unusual or perfectly normal. Personally, I wouldn't be surprised with any number up to 80%; I suspect most people are reckless and not forward-thinking (judging by myself maybe - I am reckless young man) And - is it supposed to be some special kind of saving scheme that you use for retirement? The same goes for mutual funds, stock, bonds and. Are all people supposed to have them? Or bank accounts, even. Sure, most people have them now, but some don't. 7% or 16% looks ok to me. I wanted to communicate that I (and probably many other people) have no frame of reference to relate the information in this infographic to, while the it implies that anyone does. Well, maybe this is not a good infographic after all.
  - Tichy 17y ago
    Not saying it is a good infographic, but I suppose it also provides it's own frame of reference. If it states that 40% don't save for retirement, it almost implies that for at least 40%, it is not a normal thing to do. Of course it is open how may don't do it because they don't care, and how many because they can't afford to. One weird aspect: where I live, buying a house would count as "saving for retirement". Not sure how they counted it in that infographic. As for being reckless: just wait, thinking about retirement might become more prevalent for you the older you get... Incidentally I think this is why many young people accept bad salaries: they have no idea yet how much money real life really costs. As for (private) saving for retirement: where I live every now and then there are big campaigns for it. But it also is big business, so it is questionable how much of that campaigning is for the benefit for the people, and how much is for the benefits of the banks. Ie is owning stocks and bonds and stuff good for you, or for the banks and funds?

by listic 17y ago

They get pension, which is funded from the taxes they presumably paid while they were working (if they were not working, they will still get some). Just like it is in other countries, I suppose.

Tichy 17y ago

And nobody ever considers to save any money on the side? Or which parts of the "infographic" were confusing to you?

listic 17y ago
I guess some do consider; don't know how many. But if you say that 40% don't save for retirement I just have no idea if it is supposed to be unusual or perfectly normal. Personally, I wouldn't be surprised with any number up to 80%; I suspect most people are reckless and not forward-thinking (judging by myself maybe - I am reckless young man) And - is it supposed to be some special kind of saving scheme that you use for retirement? The same goes for mutual funds, stock, bonds and. Are all people supposed to have them? Or bank accounts, even. Sure, most people have them now, but some don't. 7% or 16% looks ok to me. I wanted to communicate that I (and probably many other people) have no frame of reference to relate the information in this infographic to, while the it implies that anyone does. Well, maybe this is not a good infographic after all.
- Tichy 17y ago
  Not saying it is a good infographic, but I suppose it also provides it's own frame of reference. If it states that 40% don't save for retirement, it almost implies that for at least 40%, it is not a normal thing to do. Of course it is open how may don't do it because they don't care, and how many because they can't afford to. One weird aspect: where I live, buying a house would count as "saving for retirement". Not sure how they counted it in that infographic. As for being reckless: just wait, thinking about retirement might become more prevalent for you the older you get... Incidentally I think this is why many young people accept bad salaries: they have no idea yet how much money real life really costs. As for (private) saving for retirement: where I live every now and then there are big campaigns for it. But it also is big business, so it is questionable how much of that campaigning is for the benefit for the people, and how much is for the benefits of the banks. Ie is owning stocks and bonds and stuff good for you, or for the banks and funds?