

It seems unfair to impose a tax on someone for physical traits they have no control over. I don’t think a pay-as-you-go system is a sustainable way to fund retirements with birth rates being what they are. A shrinking working population can’t keep funding a growing population of pensioners while maintaining liveable tax rates and liveable pensions.
In my opinion an American or Australian style 401k/superannuation scheme is the most feasible solution. Just hope there isn’t a market crash at the beginning of your retirement.
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