

Pensions in theory are nice, because it guarantees you a certain quality of life after you retired.
Yeah, that’s the scam. They say you will get some income after retiring, what they fail to tell you is that they will never allow you to retire. The retirement age will keep getting pushed back. The truth is that you will have to work till the day you die.
But you won’t.
By the time I’m 67, the retirement age will be 75, by the time I’m 75, the retirement age will be 80. The whole thing is a scam. The boomers get to enjoy retirement and they have us pay for it which is why they keep dangling that carrot in front of us, but realistically it will never happen for my generation or anyone after. Due to advances in medicine people get older and older, while costs keep rising. It’s simply not sustainable anymore to have that large a part of the population not working while simultaneously costing a lot of money in care.