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by triceratops 27 days ago
> Retirement, by definition, requires living off of money that you did not labor for

So like you just get handed money to retire without ever working a day in your life? Please tell how this works I want some of that.

1 comments

You do once you exhaust the value of the retirement account that matches the principal that you invested into it.
If money from investments made with earned money isn't also earned money then no money is earned money.
Of course it's earned money, it's just that someone else earned it.

Increasingly those someones are people who have a lower standard of living than their parents' generation did.

That tends to rot those someones' faith in the future, which is a good way to bring about undesirable changes in a society.