By the same token, if the government didn't steal money in the form of taxes society would be much better off. "The metamorphosis of taxes into weapons of destruction is the mark of present-day public finance." Mises
But the man who confides in the pension stipulated believes that all such issues are mere theory and do not affect him. He does not bother about those things on which his well‑being depends because he ignores this dependence. As citizens such people are a liability. A nation cannot prosper if its members are not fully aware of the fact that what alone can improve their conditions is more and better production. And this can only be brought about by increased saving and capital accumulation. LVM
Save for a pension!?? lol To see it wiped out by inflation from Central banks and Governments making mistake after mistake...no thank you. Gold and Silver...real money!
It is really good that real people are being brought into the discussion, rather than the public only being considered as numbers. Great work. Missing the widow in the highlands though ;)
We have just had a 15 minute conversation about pensions in the office - as a result of this. I guess that means it works as a conversation starter. Not sure I can afford 12% of my salary though.
By the same token, if the government didn't steal money in the form of taxes society would be much better off. "The metamorphosis of taxes into weapons of destruction is the mark of present-day public finance." Mises
floydsgarage 1 year ago
But the man who confides in the pension stipulated believes that all such issues are mere theory and do not affect him. He does not bother about those things on which his well‑being depends because he ignores this dependence. As citizens such people are a liability. A nation cannot prosper if its members are not fully aware of the fact that what alone can improve their conditions is more and better production. And this can only be brought about by increased saving and capital accumulation. LVM
floydsgarage 1 year ago
Oh gawd, we are all going to retire into a life of penury. Can't wait.
IamLittleSteven 1 year ago
Saving money is a good idea, but investing it in right thing matters just as much.
JOConnor100 1 year ago
Ive lost confindece in all things financial!!!
neanam 1 year ago
Save for a pension!?? lol To see it wiped out by inflation from Central banks and Governments making mistake after mistake...no thank you. Gold and Silver...real money!
campeona5 1 year ago
Great advice. Especially from the man at the end! The woman who appears at 1.38 behind him scares me...
fionamoseley 1 year ago
Great advice. Especially from the man at the end! The woman appearing at 1.38 behind him scares me...
fionamoseley 1 year ago
I fully agree with Ian, the biggest problem group this year is women over 50!!
Thomclarks 1 year ago
you don't want to think about these things at a young age but it's probably a good idea
canofthought 1 year ago
It is really good that real people are being brought into the discussion, rather than the public only being considered as numbers. Great work. Missing the widow in the highlands though ;)
AlmophiusSmoo 1 year ago
@AlmophiusSmoo haha I agree, whatever happened to the girl on the cloak?
25CS 1 year ago
@25CS She retired.... With a great pension!
AlmophiusSmoo 1 year ago
nice to see a pension company talking sense -well public anyway
chetbaker68 1 year ago
We have just had a 15 minute conversation about pensions in the office - as a result of this. I guess that means it works as a conversation starter. Not sure I can afford 12% of my salary though.
lordlonghurst 1 year ago
Pretty informative. Guess I should start thinking about a pension now I'm 30! 12% of your annual salary is a lot though :-(
25CS 1 year ago
some good advice here
teshby 1 year ago
great advice at the end!
mad6teen 1 year ago
the guy at 0:34 has the best answer
mad6teen 1 year ago
Very informative.
praguebar11pm 1 year ago