
Originally Posted by
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If the market tanks your 401k tanks. That's a bad bet. The creation of the 401K let companies drop the whole pension idea screwing over the working class in favor of the corporations/owners not to mention filling the market with employee cash. It's one of the biggest swindles in history.
We pay taxes to the government and pay social security and Medicare our entire working lives. Why shouldn't we get one decent livable retirement from it?
That was why social security was created, as a safety net. It is like you can't even comprehend anything.
And again, your personal savings/assets. You can invest in whatever the hell you want and call it a retirement plan. They have tax deferred IRAs too. You don't have to do things your employer or the Government spoon feeds you. Of course, you're basically a fucking lemming so you wouldn't understand that.
Last edited by Gelston; 02-25-2025 at 09:07 AM.
Ceterum censeo Carthaginem esse delendam