Investing and the Government
Depending on the country you live in, an individual's need to save for retirement can vary widely. For example, in Norway (where I currently reside) they have a very socialist economy and any resident will retire with a pretty substantial income for their entire lives. In Canada, my home country, we have the Canadian Pension Plan. This pension plan is not huge - in 2007 the average monthly benefit was $481.46. This has huge implications on how I run my family finances.[ad#tdg-embedded] If …