Funny

6854 readers

326 users here now

General rules:

Be kind.
All posts must make an attempt to be funny.
Obey the general sh.itjust.works instance rules.
No politics or political figures. There are plenty of other politics communities to choose from.
Don't post anything grotesque or potentially illegal. Examples include pornography, gore, animal cruelty, inappropriate jokes involving kids, etc.

Exceptions may be made at the discretion of the mods.

founded 1 year ago

MODERATORS

[email protected]

1163

Good luck! (fedia.io)

submitted 8 months ago by [email protected] to c/[email protected]

270 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 0 points 8 months ago (1 children)

It pays the state pension which is good for a tiny fraction of retirement.

[–] [email protected] 2 points 8 months ago

Depends what your spending is like. Someone who earns like 30K/year should get about 65% of their earning if they retire at 65. You'd have to save like another $1500/year (including company matches) to make up the difference.

If I kept working til I was like 70 and my pay only keeps up with inflation, I'd get about 130% of my spending via social security.