Need to be a bit careful as the whole story may end up different for those who do not have superannuation covered
"You know the expression “OK, Boomer”? Better said as “Boomer OK.” That’s because the social safety net in the United States is increasingly favoring the old over the young. And this affects our political views and the security of future generations.
Younger Americans have valid reason for disgruntlement: Big shifts in income and wealth are dramatically favoring their elders. Under almost every president since 1980, 80 percent of the real growth in domestic spending has gone to Social Security and
"
NYT on the topic that older types may find the pensions shrinking as tax base balances alter!
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