this post was submitted on 24 Apr 2024
105 points (89.5% liked)

Canada

7241 readers
146 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
 

Canadians’ views on retirement are shifting dramatically, with the idea of retiring at age 65 being one of the early casualties. Read more.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 7 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.