Row 50968
Content Data
This page contains data entry 50968 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
Not exactly, there are serious advantages to a pension plan if it's ran well and not allowed to be underfunded. Pensions have an indefinite investment horizon and are ran by professionals so they are much better positioned to maximize returns. They pool risk which makes it less risky then every individual doing it themselves.
When people took on their own investments through 401K is they took on risk, however that risk was not compensated. The individuality of it also creates issues around people not planning well and then becoming burdens to the state and the taxpayers. It would make more sense if there was no backstop so people felt they had to save, such as in China with its high savings rate, But it does create weird incentives where people who are not experts are expected to make these incredibly important decisions and then if they mess up it costs everyone.
| Field | Value |
|---|---|
| text | Not exactly, there are serious advantages to a pension plan if it's ran well and not allowed to be underfunded. Pensions have an indefinite investment horizon and are ran by professionals so they are much better positioned to maximize returns. They pool risk which makes it less risky then every individual doing it themselves. When people took on their own investments through 401K is they took on risk, however that risk was not compensated. The individuality of it also creates issues around peo… |
| label | r/economics |
| dataType | comment |
| communityName | r/Economics |
| datetime | 2024-05-22 |
| username_encoded | Z0FBQUFBQm5Lak1TNGJmR3ZwaDNMV0dDOERNaWN5N3A4LWxfNGZsb1BoNFk0SnlwOGZ2NW05Wm1Jb1ozdHdxb3YyLW5zS2Y5YUtPZGF4WXdoZTJmaUhJSDRBTFp3ZzVwRWc9PQ== |
| url_encoded | Z0FBQUFBQm5Lak9pY1VUWlowbVpFR2lYWkN4S0k5TklLYkhVbjhhTHdWcm9MNmpuQUNWNTFneXRDb1lSLXlIeXRKTlVPMHNJS1ZVWDVFal9GMDRiTldXZFNqZklUT2VHOW56aWp5VDdnXy03c1hDUHh4UW5GVkYxeWFjMlBudGM5ZGdVam83Ri02QVFqd2U3QmVyRnBQNXV2RUZ1VGptdUVUQUxMbUMtTWVacGRSb2kxR2QySFZ0ODNsZE9TSFJkUnRncjFyZ29jT1ZMOWRFQTFaZTMwUXBfRWU1UXJISzJNQT09 |
Raw Record
{
"text": "Not exactly, there are serious advantages to a pension plan if it's ran well and not allowed to be underfunded. Pensions have an indefinite investment horizon and are ran by professionals so they are much better positioned to maximize returns. They pool risk which makes it less risky then every individual doing it themselves. \n\nWhen people took on their own investments through 401K is they took on risk, however that risk was not compensated. The individuality of it also creates issues around people not planning well and then becoming burdens to the state and the taxpayers. It would make more sense if there was no backstop so people felt they had to save, such as in China with its high savings rate, But it does create weird incentives where people who are not experts are expected to make these incredibly important decisions and then if they mess up it costs everyone.",
"label": "r/economics",
"dataType": "comment",
"communityName": "r/Economics",
"datetime": "2024-05-22",
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}
Entry Information
- Entry ID: 50968
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000