this post was submitted on 20 Nov 2023
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Might wanna look up fees their going to charge you when you withdraw that money... Even after your past retirement age. You're just making the rich richer but I'll probably eat my words when we're both 65. Atleast for humanity I hope I eat my words.
The smartest thing any person can do is make their best informed decision with the information they have now. Not with speculative catastrophizing of a future that will keep marching on with or without you.
Because it will, despite all the doomerism in the world lol. And take this from someone who thinks the stock market is just a money generation machine for the rich that plays with made up magic in order to subsidize workers retirements only possible through unsustainable growth based gdp. It's what makes compound interest even work lol.
The peons don't like the idea of being paid so little they can't save up for retirement without magically generating money from hoarding scraps. Heads would be literally rolling daily and worker rights and pay would be enshrined in every first world.