I am catching up with posting online my articles.
So I had a chance to talk with a person who has already retired. I do not know all the details in regards to how much money this person has saved up in his personal accounts as well as in the pension funds but it is clear to me that his person is quite wealthy.
But then it was also clear to me that this person does not feel completely secure in regards to his survival in the system. It is simply because his retirement funds are subject to fluctuations of the stock markets. Of course these funds are being managed by the best financial specialists but still this does not give any guarantee that your accounts will always grow bigger. And we could clearly see it during the crisis which started in 2007.
As I said this person is relatively wealthy when we compare him to other people.
But then what about all the other people who have much less money ?
Thus you'll see... our system is fucked. It is based and build on the greed and the fear of the survival. You may have millions or billions of dollars but still this does not save you from the fear of the survival. Earning and saving as much money as possible is just like everything else just the way to treat the symptoms. If you really want to stop worrying about the survival then you must think of and then do something to create a new system which will be built on the principle of what is best for all. I guarantee you that then you will not fear of the survival. Here is the proposal of such a system presented by the Equal Life Foundation and their Living Income Guaranteed.