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A comment on Spain is moving to permanently establish universal basic income. Parent comment

Re:Spain is moving to permanently establish universal basic ... by chrisseaton on Tuesday April 07, 2020 @10:29AM (#22803507)
I'm not very confident in my state pension as they can take that away any time they want, but my private pension is just a pot of money invested for me with tax benefits. Not sure what better you can do than that? Buy gold and store it under your bed?
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Re:Spain is moving to permanently establish universal basic ... by leto_ii on Tuesday April 07, 2020 @10:38AM (#22803587)
What would that pot of money look like if you had to retire in 2020?

Do you trust the pension fund people to make the right decisions?

What happens if the pension fund collapses because it's run by crooks and morons?

I'm not saying that you shouldn't invest in that, but treat it like what it is - a relatively risky investment, not like what it's marketed as, namely a sure thing.

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