Originally posted by TexasHusker
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Is this article a joke? 1 in 4 workers have less than $1,000 saved for retirement
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Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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I worked for a place that had a mandatory paid-in pension program. I absolutely hated them taking that money every month when I was 19 and needed it to party. But I stayed in.
I knew a lot of people who went through the hoops of ending their contributions--they made it a hassle so people would stay in. And they did nothing else.
Then when they were in their 60s they started whining about how it "wasn't fair" that other people got to retire and get a pension every month and they didn't.
I think there will always be people who think everything should be free and their life decisions are someone else's fault.
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Originally posted by frugal saver View PostI worked for a place that had a mandatory paid-in pension program. I absolutely hated them taking that money every month when I was 19 and needed it to party. But I stayed in.
I knew a lot of people who went through the hoops of ending their contributions--they made it a hassle so people would stay in. And they did nothing else.
Then when they were in their 60s they started whining about how it "wasn't fair" that other people got to retire and get a pension every month and they didn't.
I think there will always be people who think everything should be free and their life decisions are someone else's fault.
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Originally posted by ~bs View PostI know people whos only savings is the mandatory pension and social security. Sad to say, but I think these types of "hand to mouth" people are best off working these types of jobs so at least they have something when they get old.
The working system is predicated on having people work until the desired age and keeping the tax income coming in, according to Obama car, individuals between the ages of 20 and 48 are the most productive for society and "the system" and people over 70 can be thrown to the curb with very little available care. I even read there would be death therapists implemented to prepare the unproductive generations with dying, it's totally ok to die under Obamacareretired in 2009 at the age of 39 with less than 300K total net worth
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