Season 1
EP03 - Social Security
Understanding Social Security as a pay-as-you-go system. Learn how Social Security funding works, why it's not a savings account, and the challenges facing the system.
Social Security… 6.2 %. Kinda annoying, but…
Everyone pays it. The government is saving it for me for 40 years, right?
They're protecting me from my own impulsive shopping… how caring ♡
I'm sorry, but that piggy bank is empty.
Huh?
In 1935, there existed 42 workers per retiree.
Today? We have only 2.8 workers per retiree.
Social security was designed when people had 6 kids and died at 63.
It only works if the population keeps growing forever.
Forever…?
*I don't think you understand~*
The social security is not a savings. It's a transfer.
That wage deduction you thought that went to your future bank account?
It goes straight to today's retirees.
You're paying for someone else's retirement right now.
Tomorrow's kids pay for yours… if there are enough of them.
So it's… a Ponzi scheme?
Of course that's not how they market this scheme~
Officially called 'pay-as-you-go'.
But yes, mathematically it depends on an ever-growing base.
There is no personal account.
Your money was spent decades ago. They left paper promises.
They… spent my future?
The best part? Because it's not invested, it earns zero interest.
Every year you lose purchasing power to inflation…
That's lost opportunity. Money that could have compounded for 40 years.
I-I could have been rich…
And the payouts are only generous to those who need it least — people who live to 90.
Being rich at 85 doesn't change much.
So all these years I thought someone was protecting me…
They were protecting the system, not you.
You have no choice on Social Security… but you still control everything else.
Treat it as a tax, not retirement. Build your real future outside of it.
I. Hate. Taxes!
I'm building my own empire that doesn't depend on tomorrow's children.
EP02 - Insurance Companies
Why insurance companies need customers to lose money. Learn how insurance pricing works, actuarial science, and the business model behind insurance policies.
EP04 - Stock Compensation
How stock-based compensation works in startups and tech companies. Learn about equity compensation, stock options, dilution, and the true cost of employee stock grants.
