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> I have to work until 67 in my country. I presume you mean you have to work until 67 if you rely on the state to fund your retirement?
by beejiu 9y ago
> I have to work until 67 in my country.
I presume you mean you have to work until 67 if you rely on the state to fund your retirement?
- switch007 9y agoDepends how you interpret it. Could also be due to any of the following: - low wages meaning lower contributions - low investment returns - changes to the tax system - they started contributing signifiant amounts later in life due to other pressures
- wiz21c 9y agoI'm just following the "system" here. Nothing fancy. I'm not in a situation where I can retire earlier. I could do it, but for that I'd have to make a ton of money, which implies competing with people which may be better at selling themselves than me. I'm afraid I wouldn't perform very well in such context.
- wiz21c 9y agoYep, exactly. Additional pension fund is, well, risky :-)