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Given that 2 million is barely enough to retire on, does that mean you think everyone should work until they die?
by shagymoe 3y ago
Given that 2 million is barely enough to retire on, does that mean you think everyone should work until they die?
- yowzadave 3y agoWe should have a welfare state that provides for people who are retired (just like we should for other non-workers, like children, the disabled, students, etc.).
- muglug 3y ago2 million is barely enough to retired on in a country without a social safety net. But one of the points of taxing people is to provide that safety net.
- rowanG077 3y agoIn most countries with such taxes you can retire and have the state pay you.
- Guvante 3y agoWith a 4% burn rate 2 million is $80k a year plus social security. I don't think that describes barely enough for the vast majority of people.
- shagymoe 3y agoWhen you’re always in danger of going broke from a medical condition or emergency, $80k isn’t enough to feel secure. The system is designed so it’s never enough but you can reduce risk with more.