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bluGill 4 hours ago

Until someone can come up with a better option though...

Note that a pension plan that invests for you blindly is no better - either the returns are so bad that they are a scam, or they are investing in stocks anyway and so you get the same results but less control. Similar for things like social security, they are either worse options or you need to pump stocks.

granra 3 hours ago | parent [-]

> Until someone can come up with a better option though...

A welfare state maybe?

SubmarineClub 3 hours ago | parent | next [-]

And the money to pay for all those retirees comes from…where?

Ray20 3 hours ago | parent | prev [-]

Eh? Like in North Korea?

nick__m 2 hours ago | parent | next [-]

Something like the CDPQ in Québec ?

granra 2 hours ago | parent | prev [-]

More like most European countries.