Thank you for your contribution. I think you've captured it quite well.
Government programs usually suffer from a lack of flexibility - as is the case here.
I want to decide for myself when I stop working (for me it was at the age of 49). I want to have the money at my disposal when I need it or when I want it. A payout plan or pension determined by the state is always a bet on your own 'longevity'. If I live a long time, I'm not only lucky to live longer, I also get more money out of it. If I die earlier, I'm the fool (double 😅, so to speak). If I die earlier, I'd at least like to pass on the capital stock I've built up to my children.
So it's worth throwing these 'bonuses' in the form of additional payments to the wind and remaining flexible and independent. As a young person, who knows what their life will look like in a few decades? Of course, it could be the classic pension situation with a typical retirement age. But it could also be that I emigrate to the Caribbean at 34 and then need the money from my ETFs for a completely different life plan.
Government programs usually suffer from a lack of flexibility - as is the case here.
I want to decide for myself when I stop working (for me it was at the age of 49). I want to have the money at my disposal when I need it or when I want it. A payout plan or pension determined by the state is always a bet on your own 'longevity'. If I live a long time, I'm not only lucky to live longer, I also get more money out of it. If I die earlier, I'm the fool (double 😅, so to speak). If I die earlier, I'd at least like to pass on the capital stock I've built up to my children.
So it's worth throwing these 'bonuses' in the form of additional payments to the wind and remaining flexible and independent. As a young person, who knows what their life will look like in a few decades? Of course, it could be the classic pension situation with a typical retirement age. But it could also be that I emigrate to the Caribbean at 34 and then need the money from my ETFs for a completely different life plan.
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@NichtRelevant You can also decide for yourself with the AVD.
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