Considerations against a Statist model Retirement plan.
- You do not choose whether to participate.
- You have no say in how the money is to be invested. Even modestly performing mutual funds yield higher returns.
- You cannot withdraw in response to poor performance and pursue a highly effective one.
- Government insolvency is a big concern.
- Decrease or removes the need to learn prudential savings and investment habits. The average worker cannot readily afford to pay into both the government and a private retirement plan.
26
72 reads
CURATED FROM
IDEAS CURATED BY
The idea is part of this collection:
Learn more about moneyandinvestments with this collection
Effective communication
Persuasion techniques
Closing a sale
Related collections
Similar ideas to Considerations against a Statist model Retirement plan.
Smart retirement planning boils down to a few simple truths.
- Time is on your side. The earlier you start saving money, the more time you give compounding to work for you.
- Take risks when you're young. Although stocks are three times more volatile than government bonds, it earns nearly twice the average annual return.
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates