07-26-2015, 09:16 AM
Great topic, crimsonghost.
To put it simply, I am building my own pension. I do not have a pension from work and do not trust the government with the public pensions to still exist when I get to retirement age (I am in my mid-30s). Time and again, we see that public (and private) pensions mismanaged and raided. I do not want to be left in a position where I have nothing to show for...so, I manage my own money, invest to grow my passive income and hope to build enough of a nest egg to retire on dividends.
To put it simply, I am building my own pension. I do not have a pension from work and do not trust the government with the public pensions to still exist when I get to retirement age (I am in my mid-30s). Time and again, we see that public (and private) pensions mismanaged and raided. I do not want to be left in a position where I have nothing to show for...so, I manage my own money, invest to grow my passive income and hope to build enough of a nest egg to retire on dividends.