Not putting money in a retirement account is gambling that I can invest that money better than a bank.

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I was literally talking today to my brother about how we need to get investing in our retirement funds.

You're in my head lol

Lets say someone started working in 60’s, avarage wage was $4000 a year. Works for 50 years. Avarage wage in 2010 was $40k a year. When in the 60’s, that money that went towards pension wouldve been more useful to use in the 60’s than to save for 2010’s where the money has depreciated 10 fold. All those years of pension accumulated would barely cover 20 years of expenses with an ever increasing cost of living. So whats the fucking point? State pensions are there regardless of how much u put in.

Just put your money in an index, much better return than any bank