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I mean those pensions are typically invested in vehicles that provide growth to keep up with inflation etc, and that growth is largely powered by the workforce
by 4ndrewl 1y ago
I mean those pensions are typically invested in vehicles that provide growth to keep up with inflation etc, and that growth is largely powered by the workforce who by the time you retire are your kids. Or in your case other people's kids I guess?
- toomuchtodo 1y agoDoes that sound sustainable in a world of low or no growth with total fertility rates rapidly declining? https://www.mckinsey.com/mgi/our-research/dependency-and-depopulation-confronting-the-consequences-of-a-new-demographic-reality https://www.mckinsey.com/mgi/our-research/dependency-and-dep... https://www.cato.org/cato-journal/spring/summer-2018/demographics-their-implications-economy-policy#demographic-implications-for-economic-growth https://www.cato.org/cato-journal/spring/summer-2018/demogra... https://www.cato.org/cato-journal/spring/summer-2018/demographics-their-implications-economy-policy#conclusion https://www.cato.org/cato-journal/spring/summer-2018/demogra... https://ourworldindata.org/grapher/children-born-per-woman https://ourworldindata.org/grapher/children-born-per-woman