I don't know where you guys live, but in exactly what country if you retire for example with $1000 per month at 65 your pension will be still $1000 even twenty years later, and it's not indexed by at least a bit under the inflation rate? I'm really curious in what system does this happens when it comes to a government pension like the EU model. I never heard of a country where you get a fixed monthly pension and that value will stay like that till you die. I live in Indonesia and the average person who retires from the government will find it very difficult to face life because the prices of goods continue to rise. The impact of inflation that I mean is because our currency continues to depreciate so that when the price of goods rises, pension money will not cover living needs and not to mention the costs of other needs such as children's education, health and so on. The money they earn from the retirement process will be as much as they earned while the price of goods continues to rise so that the value of the currency is no longer meaningful. My parents are both government retirees and they are working hard to meet our family's living expenses. Because relying on pension money will not be enough to fulfill them, this is the reason that makes me say that if pension money is not used to develop other businesses it will make their lives much more difficult. If someone is dependent on their pension scheme to live their life after their retirement then I am sure it will be a misery. One should start preparing for their retirement after 40 atleast or early as possible then invest then on different sectors from gold, real estate and possibly stocks and cryptos if possible or just go with the traditional ways that can ensure better future with their passive income via their investment portfolio.
I don't know where you guys live, but in exactly what country if you retire for example with $1000 per month at 65 your pension will be still $1000 even twenty years later, and it's not indexed by at least a bit under the inflation rate? I'm really curious in what system does this happens when it comes to a government pension like the EU model. I never heard of a country where you get a fixed monthly pension and that value will stay like that till you die. I live in Indonesia and the average person who retires from the government will find it very difficult to face life because the prices of goods continue to rise. The impact of inflation that I mean is because our currency continues to depreciate so that when the price of goods rises, pension money will not cover living needs and not to mention the costs of other needs such as children's education, health and so on. The money they earn from the retirement process will be as much as they earned while the price of goods continues to rise so that the value of the currency is no longer meaningful. My parents are both government retirees and they are working hard to meet our family's living expenses. Because relying on pension money will not be enough to fulfill them, this is the reason that makes me say that if pension money is not used to develop other businesses it will make their lives much more difficult. If someone is dependent on their pension scheme to live their life after their retirement then I am sure it will be a misery. One should start preparing for their retirement after 40 atleast or early as possible then invest then on different sectors from gold, real estate and possibly stocks and cryptos if possible or just go with the traditional ways that can ensure better future with their passive income via their investment portfolio.

I don't know where you guys live, but in exactly what country if you retire for example with $1000 per month at 65 your pension will be still $1000 even twenty years later, and it's not indexed by at least a bit under the inflation rate? I'm really curious in what system does this happens when it comes to a government pension like the EU model. I never heard of a country where you get a fixed monthly pension and that value will stay like that till you die. I live in Indonesia and the average person who retires from the government will find it very difficult to face life because the prices of goods continue to rise. The impact of inflation that I mean is because our currency continues to depreciate so that when the price of goods rises, pension money will not cover living needs and not to mention the costs of other needs such as children's education, health and so on. The money they earn from the retirement process will be as much as they earned while the price of goods continues to rise so that the value of the currency is no longer meaningful. My parents are both government retirees and they are working hard to meet our family's living expenses. Because relying on pension money will not be enough to fulfill them, this is the reason that makes me say that if pension money is not used to develop other businesses it will make their lives much more difficult. If someone is dependent on their pension scheme to live their life after their retirement then I am sure it will be a misery. One should start preparing for their retirement after 40 atleast or early as possible then invest then on different sectors from gold, real estate and possibly stocks and cryptos if possible or just go with the traditional ways that can ensure better future with their passive income via their investment portfolio.

I don't know where you guys live, but in exactly what country if you retire for example with $1000 per month at 65 your pension will be still $1000 even twenty years later, and it's not indexed by at least a bit under the inflation rate? I'm really curious in what system does this happens when it comes to a government pension like the EU model. I never heard of a country where you get a fixed monthly pension and that value will stay like that till you die. I live in Indonesia and the average person who retires from the government will find it very difficult to face life because the prices of goods continue to rise. The impact of inflation that I mean is because our currency continues to depreciate so that when the price of goods rises, pension money will not cover living needs and not to mention the costs of other needs such as children's education, health and so on. The money they earn from the retirement process will be as much as they earned while the price of goods continues to rise so that the value of the currency is no longer meaningful. My parents are both government retirees and they are working hard to meet our family's living expenses. Because relying on pension money will not be enough to fulfill them, this is the reason that makes me say that if pension money is not used to develop other businesses it will make their lives much more difficult. If someone is dependent on their pension scheme to live their life after their retirement then I am sure it will be a misery. One should start preparing for their retirement after 40 atleast or early as possible then invest then on different sectors from gold, real estate and possibly stocks and cryptos if possible or just go with the traditional ways that can ensure better future with their passive income via their investment portfolio.