Re:You are not 'behind'
by Bootvis on Monday September 04, 2017 @02:28AM
(#15166143)
Or you know you could setup a pension system where this hardly happens if at all by ringfencing the funds, allowing limited risk exposure and making sure the plans are well-funded. Countries in Western Europe indeed have managed to do this.
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As an example, the Dutch "pension fund for government and education" aims to have 128% coverage. They still haven't fully recovered from the 2008 crisis, because they currently still have only 102,5% coverage.
Modern Western European pension systems are largely post-WW2 so haven't been around that long. Sure based on performance so far, there are fair reasons to think you'll be able to extract a liveable pension in say 2050, but it's not really guaranteed.