From time to time when I am forced to pay into the government pension scheme. I am actually semi optimistic that they will pay out a small sum, so with other left-over money I rather make sure my living expenses are low so that even a small monthly payout will be sufficient.
I would not recommend to save up actual cash or invest in some privately operated pension scheme.
What do you mean by “pension scheme”? Social security and similar programs are basically ponzi schemes, ya, but most private retirement funds just let you invest the money in stocks and/or bonds with tax benefits. Are those schemes?
From time to time when I am forced to pay into the government pension scheme. I am actually semi optimistic that they will pay out a small sum, so with other left-over money I rather make sure my living expenses are low so that even a small monthly payout will be sufficient.
I would not recommend to save up actual cash or invest in some privately operated pension scheme.
What do you mean by “pension scheme”? Social security and similar programs are basically ponzi schemes, ya, but most private retirement funds just let you invest the money in stocks and/or bonds with tax benefits. Are those schemes?