> If we switched to an investment based retirement program…
Negative real interest rates (as we have now) are a real problem for that. (I’m not claiming to have a solution, nor even that there _is_ a solution. Disclaimer: My 401-K and IRA are in good shape, but for my retirement planning, my Schwab-bot has to rely mostly on the sacrosanct inflation adjustment of putting off Social Security until 70. No realistic investment offers anything close.)
Very interesting. New perspectives on the old problem.
> If we switched to an investment based retirement program…
Negative real interest rates (as we have now) are a real problem for that. (I’m not claiming to have a solution, nor even that there _is_ a solution. Disclaimer: My 401-K and IRA are in good shape, but for my retirement planning, my Schwab-bot has to rely mostly on the sacrosanct inflation adjustment of putting off Social Security until 70. No realistic investment offers anything close.)
> Pain is coming
Agreed.