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by saalweachter 3351 days ago
> government retirement schemes

This is your weekly public service announcement.

Social Security is not an investment, it is an insurance. The goal of Social Security is not to make everyone rich but to keep anyone from being destitute.

This has been your weekly public service announcement.

2 comments

My goal is not to make myself rich, but to put some funds somewhere they can't be seized, being accessible only by me. I am using a scrypt brainwallet for that (all precautions taken, with paranoid scrypt settings).

I am not aiming for becoming very rich for that — my goal is personal security. But thank you for your concern.

This depends on your government and its pension schemes - the UK operates both a minimum pension and a state-run contributory scheme.