• Free Palestine
    7•2 years ago

    I’m too poor to save for retirement. Everything I make gets used immediately.

    • salvage
      3•2 years ago

      Living from paycheck to paycheck is the best I’ve ever managed to do. FeelsBadMan

  • Salamander
    4•2 years ago

    I am saving in general for life but I have not yet planned specifically for retirement.

    • @Gunther@lemmy.ml
      2•2 years ago

      What do you mean by “pension scheme”? Social security and similar programs are basically ponzi schemes, ya, but most private retirement funds just let you invest the money in stocks and/or bonds with tax benefits. Are those schemes?

        • @Gunther@lemmy.ml
          0•2 years ago

          I’m still not understanding your position. If you have an investment firm that offers brokerage funds and IRAs, is the IRA any more scheme-y than the brokerage fund? Or do you take issue with the idea of mutual funds as a whole?

  • Jesse
    3•2 years ago

    I am not. Because I’m still in school and pretty much everything I make is spent on basic living and saving up for a large upcoming move.

  • @Nyaa@lemmy.ml
    3•2 years ago

    Sort of, if you consider $300 in a Roth IRA as progress. I’m not able to do any reasonable amount of contribution to it yet as I’m young and not in my career yet but I figure I’ll be a lot more ahead than if I waited to start when I was ready to save.

  • seb
    1•2 years ago

    Yes. I’m saving for my wife’s and I retirement. I also want to make sure that our kids don’t have to support us when we are old.

  • @hammsvietro@lemmy.ml
    1•2 years ago

    yup, here in Brazil we have a public retirement plan that is mandatory for our main work regime, as of now it’s 8% of the worker’s gross monthly income, besides that I save more by my own