Re:'Children of Men' is happening
by falcolas on Saturday March 19, 2022 @03:00PM
(#30736644)
The cost of living has increased proportionally, not exactly leaving a lot of room for additional retirement savings.
Plus, proper retirement saving is hard. Saving 10% in a method that negates inflation only nets you 4.5 years of income at retirement age. You’ll need to drop your living costs by over 3x to live to a median age, unless you don’t retire in the traditional sense.
Plus, proper retirement saving is hard. Saving 10% in a method that negates inflation only nets you 4.5 years of income at retirement age. You’ll need to drop your living costs by over 3x to live to a median age, unless you don’t retire in the traditional sense.