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Invisiblesetb
10th level beer nerd

Registered: 01/30/11
Posts: 2,580
Re: Canadian Pensions for All! [Re: Patlal]
    #19204335 - 11/29/13 10:23 AM (10 years, 1 month ago)

Quote:

Patlal said:
Man, the CPP is fucked up.

I'm young, will there even be money left in there when I get to 67? Probably not. The boomers will suck it dry and I will have contributed to it my entire life and in the end I'm pretty sure I'll get nothing at all.

I'd much rather be in full control of my investments. I will count on my RRSP and my real estate ventures for my retirement, not the government controlled CPP.

Sure the program worked brilliantly for decades, but like I said, I doubt it will be able to support the boomers. They live up to 100 years old for fucks sake...

It sucks cause I'll never be able to avoid paying the CPP.




Sounds a lot like Social Security. It's a train wreck in slow motion.


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