i do not know that because it is wrong. Retirees deepend on their Pension. the Pension is from their earlier income .
Passive Income is Landlords and Interest … if you Try to Put Students and Retierees in there you are a Classtraitor or 10.000 miles under the Water …
Maybe this is different where you live, but where I live, most retirees have retirement investments, not pensions, and even pensions are usually drawn from a fund that is invested in the market. You can argue this shouldn’t be the case, but you cannot seriously argue that this is not the case.
and the Fund is filled by what money ?
the Company profit or part of your Wage ?
watch this video you will understand afterwards…
I’m not watching a video. Anything worth saying is better said in plain text.
Again, I wait tables and will not receive a pension; I barely receive a wage. Any late-life income is going to be either support from my children or from investments I make now.