Oh no not rich people having less money.
Comment on Anon isn't worried about population decline
boonhet@sopuli.xyz 3 weeks ago
Okay, but retirement is based off there being more people working than not, so in countries with national pensions we’ll have to significantly raise taxes, and in countries without such a system, retirees who are invested into index funds, need publicly traded corporations to start underpaying their employees even more (it’s really eye-opening when you realize people over 55 own 73% of all the resources of the US, from money to stocks to real estate).
LodeMike@lemmy.today 3 weeks ago
isleepinahammock@lemmy.blahaj.zone 2 weeks ago
Hogwash. You forgot the other half of the equation. We don’t have as many children to support. Notice how people obsessed over birth rate always focus on the retiree:worker ratio rather than the dependent:worker ratio? The problem disappears once you realize we can simply take money that we were spending on childcare and shift it to eldercare.
majster@lemmy.zip 2 weeks ago
Children live with parents. If retirement becomes burden of your offspring this will have interesting consequences.
Re resource shift: in my country we managed to increase total employment in education while birthrates continue to dwindle
jumping_redditor@sh.itjust.works 3 weeks ago
isn’t that specifically the government pentions! social security and somewhat less important to those that have personal retirement accounts?
FavouriteShapes@sh.itjust.works 3 weeks ago
Sounds to me like we’ll have to do a communism, i.e banding together to help each other out more, to allow people to retire in comfort. The horror!