The idea is that when i'm retired, so my tax a rate will be lower. So those are the advantages of tax investing. What about te so security? We're all paying into it whether we want to or not. People who are in poor health don't thik the're going to live that long and they need the money now. But someone who's able to defer a taking the so security is better off putting it off.
In this special episode of the show Shermer and Green discuss one of the most important and yet poorly understood concepts in modern society: money and why it matters. They discuss: the origins of money, and how to make it work for you, how the stock market works, the power of compound interest, the secrets of millionaires, the difference between a IRA, 401(k), and a Roth IRA, hedge-fund managers and investment advisors, the relationship between risk and reward, the relationship between saving and spending, the problem with free market capitalism, money, happiness, and meaning, and the role of luck and contingency in how lives turn out.