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think of the shareholders
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this post was submitted on 29 Jan 2024
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A Boring Dystopia
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That's all true. But then they're not really a drain, and while not paying income tax any more they're usually spending their retirement in other ways which produces tax income still.
I'd agree we have a problem though. I'm Gen X and my state retirement age is already +4 years on what it would have been. I cannot see that getting any better any time soon.
I'm Gen Y and with the birthrates as they are here, I'm not seeing myself ever getting a pension. The math just doesn't work out