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Remember when companies were loyal to the long time employees and they received good retirement benefits?
Remember when companies were around long enough to keep loyal employees? The problem with pensions is, you have to keep feeding them, and it costs money to administrate them.
If you're not a liberal before you're twenty-five, you have no heart.
Translation, you decisions are emotionally based which is the worst time to make financial decisions.
If You Are Not a Conservative at 35 You Have No Brain.
Translation, you understand that making decisions based on emotions is not best for your financial well being. You realize you can't save the world, your more able to consider options and consider potential outcomes based on the real real rather than wishful thinking and should's, you made more educated decisions, you've grown up.
If you're ever a capital L Liberal or capital C Conservative, you have neither a brain nor a heart
While there exists true hardship, many are the product of poor planning and management.
Exactly. Upthread there is a response about someone being in assisted living. That is a luxury. I would never do that unless I had an insurance which would pay for it. It is MUCH cheaper to get someone to come into your own home. That can be had for a cost like 10K per year (plus there is home health insurance -- but medicaid pays for a lot of it) while assisted living is something like 15K per month. My mother got lifeline at home and a stair chair on the state for free. She also got assistance with shopping and medical appointments -- for basically free. Because Medicare knew the cost to keep her in her home was well worth it.
You don't have a right to assisted living. Not on my dime.
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So the left is tiring of pushing racial division gender division and economic division and is now pushing age division.
I am starting to think yes. They love to convince a subgroup that they are being treated badly and then promise them they will make it right.
But when you think of how elderly were treated pre 1930s.. now that was bad.
Good news! They won't work because no one wants to hire old people.
See below
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Originally Posted by Retroit
He had a whole lifetime to save for retirement. No sympathy here.
"Everyone is doing well at my country club" mentality
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Originally Posted by miu
I don't see ever retiring. Between high and ever increasing property taxes and worries about health care expenses... how can anyone ever save enough for retirement?
They will carry my dead butt out of a Walmart someday.
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Originally Posted by MMS02760
Your view seems strange living in a place such as Cape Cod. The Cape has a very high percentage of retirees. It also has a booming tourist industry yet can't get enough people to fill its jobs. CC has used a lot of foreign visa workers to fill these positions in the past but the new restrictions have eliminated much of that. Jobs are now going unfilled. It would therefore not seem that there too many people on Cape Cod and too few jobs. Reality says just the opposite.
This. While GOOD JOBS with benefits are scarce for most over 40 people, big box stores scoop over 40 year olds up. They often get an overqualified person who shows up every day and can work without having the manager sitting over their shoulder the whole time.
I don't see ever retiring. Between high and ever increasing property taxes and worries about health care expenses... how can anyone ever save enough for retirement?
If you don't know, you need to learn how to, there are any number of cheap or free services to teach basic financial management. It's easy but irresponsible to just lament about a very big task, it's a lot tougher to get it done. You don't need to be a millionaire to get there.
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
27,606 posts, read 14,619,501 times
Reputation: 9169
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Originally Posted by snowtired14
If you don't know, you need to learn how to, there are any number of cheap or free services to teach basic financial management. It's easy but irresponsible to just lament about a very big task, it's a lot tougher to get it done. You don't need to be a millionaire to get there.
For most people, due to the hockey stick shaped income disparity, it would involve living so far below your means during your working years that it would make life not worth living.
What's the point of working your butt off to make good money just to live like a poor person, only to "save money"?
For most people, due to the hockey stick shaped income disparity, it would involve living so far below your means during your working years that it would make life not worth living.
What's the point of working your butt off to make good money just to live like a poor person, only to "save money"?
That's the victim mentality. If you are "working your butt off" and are still poor, you made some bad choices along the way.
For most people, due to the hockey stick shaped income disparity, it would involve living so far below your means during your working years that it would make life not worth living.
What's the point of working your butt off to make good money just to live like a poor person, only to "save money"?
How do you make a leap like that? It's about financial management, it may mean a smaller house or apartment, an older car, a few less toys, it's a part of learning to be mature. If your making good money, you can learn to live within your means, that doesn't have to mean living in destitution. If you end your work life with some funds in the bank, who will be poor then?
A sloppy article that basically describes people who did not save a dime for their retirement. I am sure they have their "reasons."
The next in line are those who are working now but not saving a dime. I know a few and so do you. Their reasons border on the insane. Constantly crying struggle yet enjoying premium cable and the latest iPhone.
The elderly tend to vote Republican. They brought it on themselves.
You said it buddy.
The party of big business was OK at one time. During the Depression companies may have cut people back to three days a week. But they were still putting food on the table.
Now big business is multi national and has the loyalty of a GPS device. They are destroying the middle class by shipping millions of all kinds of jobs overseas. They bring in as many foreigners as possible to do American jobs because the foreigners won't squawk about 60 hour weeks at 30 hours pay. Modern corporations renege on pensions because they reserve the right to cut benefits. The Republicans are right on board and the Democrats are corrupt too.
The tax cut that is beginning to be debated now will be another cruel joke.
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