cross-posted from: https://lemmit.online/post/5129769
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The original was posted on /r/thedeprogram by /u/mihirjain2029 on 2025-02-09 15:08:39+00:00.
this post was submitted on 09 Feb 2025
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... and the amount of "set for life" money just keeps growing because we have to pay ever increasing amounts to rich people on things like housing.
... and the safety of one's savings keeps going down, so you can be "set for life" only for your savings to be wiped out because they exceed the bank deposite protection threshold or you had to invest it in some supposedly safe thing to generate enough interest to live of and it ends up pretty much stolen from you with no recourse (as many will find out when they finally try to draw on their private pensions).
The system is rigged so that even being an entry-level millionaire is not enough.