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> They pay and save for retirement, but don't use it. Since we're throwing around random opinions... Would you say that the kind of person that continues such
by brokenmachine 10y ago
> They pay and save for retirement, but don't use it.
Since we're throwing around random opinions...
Would you say that the kind of person that continues such an expensive habit nowadays despite what everyone knows about smoking is the kind of person who "pays and saves for retirement"?
Poorer, less-educated people are much more likely to smoke. How about we also take this into account when we're speculating about how much they might be saving.
- rjbhtrf 10y agoIn many countries retirement insurance is automatically witheld from salary. In Poland it's 19,52% of salary. https://www.mpips.gov.pl/ubezpieczenia-spoleczne/ubezpieczenie-emerytalne/skladka-na-ubezpieczenie-emerytalne/ https://www.mpips.gov.pl/ubezpieczenia-spoleczne/ubezpieczen... In Australia it's 9% http://crr.bc.edu/briefs/australia%E2%80%99s-retirement-system-strengths-weaknesses-and-reforms-2/ http://crr.bc.edu/briefs/australia%E2%80%99s-retirement-syst...