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Old 08-14-2014, 03:12 PM
 
29,812 posts, read 34,900,894 times
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Quote:
Originally Posted by freemkt View Post
No idea. Do those folks have a skills gap?
No it dawned on me this might have come up in a previous discussion. Obviously not you but someone else with similar concerns. My bad!
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Old 08-14-2014, 08:19 PM
 
Location: Verde Valley AZ
8,624 posts, read 9,698,602 times
Reputation: 11007
Quote:
Originally Posted by freemkt View Post
??? Do you freaking understand? I DO NOT QUALIFY FOR EITC because I have no kids. EITC iis very lame for childless adults. I never get back anything close to what I paid in; I always have a federal income tax liability.
Geeeze, you have an anger problem, don't you?

I hope you aren't assuming that I qualify for EITC. I haven't qualified for EITC for many years. My kids are all in their 50s and been gone for a long time and I don't remember getting it as a single mom either. Probably made too much money to qualify. When I was married I didn't qualify either. I wasn't even thinking about EITC but just the taxes I paid in every pay period. Federal and State. For a long time I got back nearly every penny of what I paid in.

I saw, in a later post, that your tax return goes to student loans, or the 'fees and interest' on those. How many more years will they be doing this?

Last edited by AZDesertBrat; 08-14-2014 at 09:03 PM..
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Old 08-14-2014, 09:44 PM
 
Location: state of enlightenment
2,390 posts, read 4,678,690 times
Reputation: 2440
Quote:
Originally Posted by freemkt View Post
Define "irresponsible spending". I'm part of the 31% and the most I've earned in a year is $17K.
It's amazing how many people on "assistance" have nice cars, big screen TVs, Iphones, Ipads, fancy clothes (that they wear halfway down their ass) smoke, drink a six pack a day, etc. That's my definition of irresponsible spending.
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Old 08-14-2014, 09:50 PM
 
33,046 posts, read 22,092,919 times
Reputation: 8970
Quote:
Originally Posted by geos View Post
It's amazing how many people on "assistance" have nice cars, big screen TVs, Iphones, Ipads, fancy clothes (that they wear halfway down their ass) smoke, drink a six pack a day, etc. That's my definition of irresponsible spending.

??? What's amazing about it? Baby mama gets assistance, baby daddy moves in with her, everything is owned in baby daddy's name. Since they're not married (crucial for this to work) and everything is in his name, they can't take anything from her.

There is very little assistance beyond food stamps and Medicaid for childless adults; so having a kid or three is crucial to get the freebies.

Last edited by freemkt; 08-14-2014 at 09:59 PM..
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Old 08-14-2014, 09:58 PM
 
33,046 posts, read 22,092,919 times
Reputation: 8970
Quote:
Originally Posted by AZDesertBrat View Post
Geeeze, you have an anger problem, don't you?

I hope you aren't assuming that I qualify for EITC. I haven't qualified for EITC for many years. My kids are all in their 50s and been gone for a long time and I don't remember getting it as a single mom either. Probably made too much money to qualify. When I was married I didn't qualify either. I wasn't even thinking about EITC but just the taxes I paid in every pay period. Federal and State. For a long time I got back nearly every penny of what I paid in.

I saw, in a later post, that your tax return goes to student loans, or the 'fees and interest' on those. How many more years will they be doing this?

Last I calculated, my student loans - including all those fees - will be paid off in 41 years (or about 35 years from now). Unfortunately I'll be dead by them but the loan balance is forgiven when the borrower dies.

Apparently, private student loans live on after the borrower dies.
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Old 08-14-2014, 10:10 PM
 
Location: Aiken, South Carolina, US of A
1,769 posts, read 3,870,002 times
Reputation: 3584
Retirement?
That was an older notion before the crash of 2008.
I'm not retirment age, but I have no intention of retiring.
Retiring is an idea for the ultra rich, not for me.
I'll die working. But that's not all that bad, is it?
That's the way it is.
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Old 08-14-2014, 11:32 PM
 
16,437 posts, read 19,155,288 times
Reputation: 9520
Quote:
Originally Posted by Butterfly4u View Post
Retirement?
That was an older notion before the crash of 2008.
I'm not retirment age, but I have no intention of retiring.
Retiring is an idea for the ultra rich, not for me.
I'll die working. But that's not all that bad, is it?
That's the way it is.
Yes. For many if not most.
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Old 08-15-2014, 04:01 AM
 
Location: Los Angeles area
14,018 posts, read 17,759,876 times
Reputation: 32309
Quote:
Originally Posted by Butterfly4u View Post
Retirement?
That was an older notion before the crash of 2008.
I'm not retirment age, but I have no intention of retiring.
Retiring is an idea for the ultra rich, not for me.
I'll die working. But that's not all that bad, is it?
That's the way it is.
I get it that you are pessimistic about your own financial future, but the statement I bolded is simply hyperbole. There are millions and millions of people who are not ultra rich who manage to retire.

If you like your job, and if you don't know what you would do if you didn't have a job, then yes, it's not all that bad to die working.
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Old 08-15-2014, 04:04 AM
 
71,798 posts, read 71,896,917 times
Reputation: 49350
Millions retire and they find a way. Money is like water and it will find its own level.

I agree that statement is not accurate at all.
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Old 08-15-2014, 04:18 AM
 
16,437 posts, read 19,155,288 times
Reputation: 9520
Quote:
Originally Posted by Escort Rider View Post
it's not all that bad to die working.
Please forgive this aside, but I went completly through the Bible (I'm a Christian) looking for just one mention of a person retiring and found none. Moses was in his eighties and still tending sheep when God called him for his real job in life. King David still went into battle after he was too old to fight and his soldiers told him to please go home before he got killed. The closest to a retirement story was about a man who had accumulated wealth and had food for many years stored away, and said to himself that he would just take his leisure. God spoke to him and said "Thou fool, thy soul will be required of thee this very night. For whom were you working all these years?" That doesn't speak well for the concept of retirement from a Biblical standpoint.

I don't mean to discourage those hoping for retirement, I hope to do so myself very soon. It's just that retirement is a rather modern idea that may exist for only a few fortunate generations.
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