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/biz/ - Business & Finance

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17381891 No.17381891 [Reply] [Original]

What will happen when people realize there are no pensions?

>> No.17381904
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17381904

>> No.17381914

>>17381891
boomer whores will increase

>> No.17381915

>>17381904
ANSWER ME ANON

>> No.17382054

Theyll just print money until there is pensions.
Immigrants and other subhumans will work for the money as your country deteriorates into irrelevance.

This is why gold, silver & bitcoin are rising. Not because of the halving, and not because of some corona virus meme

>> No.17382065
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17382065

>>17381915
Don't make me do this anon, you're asking questions that shouldn't be asked.

>> No.17382081

Relying on pensions is like relying that a thief will give you back your money after 40 years

>> No.17382101

I don't pay into my pension at work.

Annoyingly the UK government makes you auto re-enrol every few years, so I keep having to opt-out

That to me shows its a pyramid scheme - basically forcing people into the scam

>> No.17382119

isn't it why you have super?

>> No.17382126
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17382126

>>17381891
>he doesn't know

>> No.17382138

>>17382081
It's like putting your money into bitconnect.
You'll get your bitconnect tokens back, but how much are they gonna be worth when you get them

>> No.17382141

>>17382101
Worth enrolling as your company adds 5% in with your contribution

>> No.17382142
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17382142

>>17382065
get that fuckin gun out of my face bro

>> No.17382163

>>17381891
My aunt didn't even go to college. After she graduated high school in the early 70's, she got a job with Boeing. She worked at Boeing for her whole career and retired around 2013. Her pension was a little over $1 million when she cashed it out for retirement. No college degree, no special skills, worked for a company that's practically impossible to get a job at in our current time. Times have changed, boys. We are lucky to get 1% matching for 401k's. Lol what shit show.

>> No.17382169

>>17382141
5% of 0 is still 0

>> No.17382171

>>17381891

They'd have to sell everything unnecessary and reduce their costs seeing as they are too old to make a decent income

>> No.17382173
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17382173

>>17382163
The Boomers will never pay for their actions, will they?

>> No.17382180 [DELETED] 

>>17382065
>>17382142
PUT YOUR GUNS
DOWN
NOW

>> No.17382184

>>17382171
>By the time you find out it's a scam, you're too old and beat down to fight back
Satanic

>> No.17382195
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17382195

>>17382065
>>17382142
PUT YOUR GUNS
DOWN
NOW

>> No.17382196

>>17382101

In the netherlands you cannot even legally opt out any more and it's 10% of your salary. A large part for social pensions through regular taxes, but also the more insidious non-optional "saving" in a pension fund for "you" which is then funneled into government bonds. Absolutely criminal.

>> No.17382291
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17382291

>>17382065
Okay.

>> No.17382313

>>17382169
It goes in a pot that is fscs regulated.
It's protected, you will get the cash at the end. Not sure where you're getting your information from

>> No.17382345
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17382345

>>17382195

>> No.17382368

>>17381891
UND is my pension.

>> No.17382449

>>17382173
vote for bernie. he will make their taxes go up and that alone might cause a few of them to have heart attacks.

>> No.17382480

>>17382313
he doesn't trust that the current system and regs will protect his money

>> No.17382539
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17382539

>>17382345
>>17382195
>>17382142
>>17382065

pee pee poo poo

>> No.17382753
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17382753

16% PERCENT OF MY SALARY EVERY MONTH

>> No.17382767
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17382767

>>17382753
>16% percent
Look at what they did to me, I can't even write a fucking sentence.

>> No.17382881

>>17382142
>using the same image in reply
Ngmi

>> No.17382956
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17382956

>>17382539
Stahp the guns

>> No.17382974

>>17382101
the original intention was for auto-enrolment was twofold:
first, that stupid people would be forced to save for old age rather than relying on welfare
second, because behavioural studies showed that auto-enrolment is the most effective way of almost-but-not-really forcing people to do so (ignorance, slothfulness or both mean hardly anyone opts out)

but yes to everyone else ITT: pensions are a fucking scam
imagine if you were 'forced' to put aside a % of your money away every month into a savings account, only the person forcing you 'invested' your money in what he called 'safe' assets, all the while claiming it's for your own benefit while indirectly profiting off of it

>> No.17383030

>>17382753
I put in 40%