alt Hacker News> average pension in France is now higher than the average salary
This sounded crazy so I looked it up. I don’t think it’s quite true, but after you subtract taxes and living expenses (a lot of old people own their homes) and add investments, seems like retirees do have a higher standard of living than workers in France.
Thanks for looking into that - that claim also surprises me!
It makes sense to subtract the taxes for a comparison between pension and salary, but by taking investments into account, and probably living expenses too, since they depend upon investments, I think you're doing too much work to support that claim.
Presumably it is fairly standard for the average retiree to have more assets/investments than the average worker. Those assets generate income (or reduce living expenses). I think that is too different from the claim that the pension is higher.