Yes but also there is also a theoretical point in age distribution where every working human would have to dedicate all excess value(value they dont need to maintain their own life) they provide be it commodities or services to care for the old. Thus very soon after there simply wouldnt be enough resources to sustain both the working people and the elderly so many of the elderly would suddendly have to fend for themselves and thus just die as they only exist because of the excess value others provide. Even if everyone would save their own retirement, money isn’t edible nor will it help you up from bed in the morning.
What you’re trying to say is that pensions are built on a pyramid scheme
Yes but also there is also a theoretical point in age distribution where every working human would have to dedicate all excess value(value they dont need to maintain their own life) they provide be it commodities or services to care for the old. Thus very soon after there simply wouldnt be enough resources to sustain both the working people and the elderly so many of the elderly would suddendly have to fend for themselves and thus just die as they only exist because of the excess value others provide. Even if everyone would save their own retirement, money isn’t edible nor will it help you up from bed in the morning.