this post was submitted on 14 Mar 2024
1163 points (98.1% liked)
Funny
7015 readers
261 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 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It pays the state pension which is good for a tiny fraction of retirement.
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.