> Why not call your retirement fund managers and let them know you really don't need _that_ much of a pension after all.
I'll take the lower pension, will you pass on the message for me? For some reason, the fund managers won't take calls from individual participants.
I'm just noting there's multiple dials here, and it's weird that it's often totally forgotten that "less profits" is just as reasonable as "higher consumer prices." Also you'll note that there are some people who profit extraordinarily from capital and have extraordinary control, and there are some people who profit much less and have even less control than that (and have little choice but to participate in the system as it exists). It's a false equivalency to equate the two.