7 ms·
it's a lot of risk What’s a lot of risk? Saving a significant portion of your income? Sounds less risky than “work until I’m 70 and then hope I have a good pen
by blakehaswell 11y ago
it's a lot of risk
What’s a lot of risk? Saving a significant portion of your income? Sounds less risky than “work until I’m 70 and then hope I have a good pension.”
- Retric 11y agoSaving is not the issue. The issue is trying to retire on low incomes. If something happens then finding a good job when your older and have not worked for a while is hard. So, IMO your better off trying to get a significantly larger nest egg than you think you need. That way compound interst works for you and you don't risk poverty while your old.