[spyckie2]

You mean the US, right? Especially with the part 2?

I know this may sound like a shock because you are privileged but 7% yoy return on capital is NOT the norm for the rest of the world. Just look at any other index not called the S&P or the Dow. Look up US exceptionalism.

The US policy for retirement savings shackles the younger generation with a ticking time bomb. Forcing your own citizens to save money for themselves is a lot better than forcing your own citizens to pay for others. Which one is more morally cruel?

HK has a similar forced savings, but that ROI is like 1 or 2% and the options to invest are paltry.

Some perspective is necessary. Yes it’s not great but compared to the rest of the world it’s stellar.

[eru]

> I know this may sound like a shock because you are privileged but 7% yoy return on capital is NOT the norm for the rest of the world. Just look at any other index not called the S&P or the Dow. Look up US exceptionalism.

I have sympathy for your general position, but this particular one is a bit silly: I live outside the US (in Singapore, in fact), and I can invest in US equity just fine.

[drivebyhooting]

If ROI is lower than inflation then what’s the point of saving? So you can have an even worse standard of living after you retire?

Forced investment in low ROI vehicles is just a tax by another name.

[spyckie2]

Well, would you have a better standard of living with $0 or $1000 when you retire?

Even if that $1000 used to be worth $10000, that $0 is still worth $0.