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Young Canadians think retiring at 65 is an outdated concept (financialpost.com)
submitted 6 months ago by lautan@lemmy.ca to c/canada@lemmy.ca
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Canadians’ views on retirement are shifting dramatically, with the idea of retiring at age 65 being one of the early casualties. Read more.

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[-] villasv@lemmy.ca 2 points 6 months ago

What incentive do people like me have to save, when inflation and cost of living are on the trajectory that they’re currently on? [...] And in 5 years, that saved money will be worth less than it is today.

Saving shouldn't mean hoarding money, it should mean investing. You should be able to find some cheap index funds out there that will help you beat inflation.

this post was submitted on 24 Apr 2024
120 points (100.0% liked)

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