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> transition to privately run retirement schemes like the superannuation scheme of Australia. How is this a solution? Let‘s say you are a social worker or a te
by ivan_gammel 3y ago
> transition to privately run retirement schemes like the superannuation scheme of Australia.
How is this a solution? Let‘s say you are a social worker or a teacher, lower middle class income. What kind of financial trickery can potentially save you after retirement if you barely meet the ends now and demographics aren’t looking good?
- ostenning 3y agoAustralians are able to fund their retirement with it, why wouldn’t Germans be able? The main advantage that it works with both a growing population, but also a shrinking one
- ivan_gammel 3y agoAre Australians able to fund their retirement in 2050? This is the only question that matters, because Germans can fund their retirement now too. Investing savings via a fund is not unreasonable, but will it beat the inflation in the long term, taking into account management commissions and taxes? The answer is not obvious to me.