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Old 10-09-2008, 05:53 PM
 
Location: Apple Valley Calif
7,474 posts, read 21,221,559 times
Reputation: 5641

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Quote:
Originally Posted by younglisa7 View Post
How old were you when you retired? I haven't had to work since I was 30.

Didn't need a pension. My husband has been retired since he was 38 and we are loving life. He planned very well ahead. Thank you very much.

Lisa
ya, ok... he he....
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Old 10-09-2008, 05:55 PM
 
Location: Where the sun likes to shine!!
20,545 posts, read 27,741,366 times
Reputation: 88786
Quote:
Originally Posted by Donn2390 View Post
ya, ok... he he....

You're just jealous. At least you're wealthy though!
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Old 10-09-2008, 06:23 PM
 
Location: Some place very cold
5,500 posts, read 20,973,269 times
Reputation: 4254
Quote:
Originally Posted by Philip T View Post
WWW, you called that one totally wrong.

She has went to the Eastern TN mountainside and they have their own off grid operation. Play nice and she might show you the pix (they are on the TN part of this site).

Overall, SS has a place for folks who get injured, are disabled and kids -- no way they could take care of themselves if they wanted -- but as retirement for folks who do even need the money, it is silly.

But it seems even sillier about fighting over the stay-quiet and in-your-place SS money for the peons (who fund it anyway) whilst the mulit-millionaires are looting multi-billions from the treasury, no?
Sorry, Phillip, I'm having trouble following you on this one. Can you explain it to me in clearer terms so I understand where you're going?

Thanks,

Woofers
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Old 10-09-2008, 06:30 PM
 
Location: Broward County
2,517 posts, read 10,276,274 times
Reputation: 1369
Lisa is correct though....these generous pensions that firefighters and police officers have are bankrupting cities. I can tell you that my union and my City are in contract negotiations right now and they want to adopt a 2-tier program for all future new hires. The new hires will get the 401K while the current members will remain with their pension system. She is correct....sad to say...pension programs have become almost to the point of being unsustainable.
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Old 10-09-2008, 06:58 PM
 
Location: Where the sun likes to shine!!
20,545 posts, read 27,741,366 times
Reputation: 88786
Quote:
Originally Posted by Woof Woof Woof! View Post
Sorry, Phillip, I'm having trouble following you on this one. Can you explain it to me in clearer terms so I understand where you're going?

Thanks,

Woofers

Hey Woofers,

I'll help you out. Phillip has been watching our story and preparations unfold.

My husband, Mike and I knew bad things were in America's future. We have been traveling the country for 3 years looking for a "safe" place. We found it and are in the process of building our own self sufficient "off grid" home.

My original comment was for "business owners" not employees about pensions. I still believe that a business offering a pension is a horrible business plan.

Anyway, if you want to see what Phillip was talking about, here is our story.

//www.city-data.com/forum/tenne...tennessee.html

Lisa
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