In some countries, it's mandatory to have a retirement fund. From each paycheck a certain percentage is automatically deducted and sent to the investment company responsible for your retirement fund. It's part of the social security system and therefore mandatory, there is no way to get out of it. What bothers me even more is that we have no choice what is done with our money, the companies can invest them as they see fit. How do you feel about such systems? I absolutely hate them! It's horrible to have someone else invest your money, especially since some of the investments they make are absolutely ridiculous and being an investor myself, I find it absolutely disasterous that people like that can be responsible for such large amounts of money. It's a political game just as much as it's an economical, and quite frankly I'd much rather invest the money myself. Obviously a lot of people don't regard investing as something an ordinary person can do (they see it as something that is only for the rich) so they are fine giving their money into someone elses hands, but I feel so idiotic giving it away to someone who I don't trust. I would much rather invest that money myself.