Within a decade, our nation will have, for the first time in history, more people aged over 65 than under 18.
I've been saying this for over a decade. The current economic modeling cannot support a pension scheme for generational voting blocks younger than gen boomer. You cannot have the majority of the population at retirement funded by a minority population.
Gen X, Gen Y, Y2 millennials, Z, i, A will never receive a pension and with the pending financial collapse probably can't even rely on superannuation.
UncleDoug 1 points 1.9 years ago
I've been saying this for over a decade. The current economic modeling cannot support a pension scheme for generational voting blocks younger than gen boomer. You cannot have the majority of the population at retirement funded by a minority population.
Gen X, Gen Y, Y2 millennials, Z, i, A will never receive a pension and with the pending financial collapse probably can't even rely on superannuation.