The idea of saving for a pension is so that you can live in dignity in retirement, not be squirreled away in a home (unless you need care).
I strongly reject the notion that pensioners are 'worthless parasite[s] who deserves to die' just because right wingers say it. And you better believe the talking heads on TV and the CEOs who say this shit are rubbing their hands together waiting for their own pension/retirement.
Just to deal with the tax question. It may depend on where you live. But in many countries, pensioners pay taxes as much as other workers. Because pension contributions face deferred taxes. I.e. you don't pay tax on the contribution when you make it, you pay tax on that portion of your wages when you receive it (i.e. in retirement). This may keep your tax liabilities lower by putting you on a lower tax bracket (not always). But you're still paying taxes.
The idea of saving for a pension is so that you can live in dignity in retirement, not be squirreled away in a home (unless you need care).
I strongly reject the notion that pensioners are 'worthless parasite[s] who deserves to die' just because right wingers say it. And you better believe the talking heads on TV and the CEOs who say this shit are rubbing their hands together waiting for their own pension/retirement.
Just to deal with the tax question. It may depend on where you live. But in many countries, pensioners pay taxes as much as other workers. Because pension contributions face deferred taxes. I.e. you don't pay tax on the contribution when you make it, you pay tax on that portion of your wages when you receive it (i.e. in retirement). This may keep your tax liabilities lower by putting you on a lower tax bracket (not always). But you're still paying taxes.