Re:The global fertility rate is falling
by sudosysgen on Wednesday July 15, 2020 @12:24PM
(#23847500)
Without a population at least being more or less constant, there is essentially no way at all that the average person can retire.
Why? Because if we all start saving enough to retire without relying on growth, then that has a deletrious impact on the economy that makes retirement even more difficult.
This is because no matter how much paper you have, you still need people to grow food, build houses and run services once you retire. If there are more retirees than working people, you're in deep trouble. The average person simply won't be able to retire, ever.
Why? Because if we all start saving enough to retire without relying on growth, then that has a deletrious impact on the economy that makes retirement even more difficult.
This is because no matter how much paper you have, you still need people to grow food, build houses and run services once you retire. If there are more retirees than working people, you're in deep trouble. The average person simply won't be able to retire, ever.