Posted on 01/31/2017 5:57:01 AM PST by Kaslin
I am keeping my mind open to all possibilities, even the positive ones (or at least, more positive ones)
I guess I will plan for the worst and hope for the best...what else can one do?
LOL, well...you can count on me (hopefully) for a few more years! I will be the good American and pay into this, but I sure wish I was given the option to opt out, but that ship sailed a long time ago.
I think there is a degree of validity to that angle as well.
I think (and suspect you do too) that it would be a sounder policy to FIX the issue, instead of trying to patch it with people who don’t share our values and might even wish to destroy us.
This is why I strive to own my property free and clear and the remainder of my savings is in precious metals. I cashed out what I had in 401k’s once I was able to do that without a penalty. And I do have a couple of small pensions that add to it.
Even in retirement it will be about multiple streams of income.
It’s a Ponzi scheme.
Bottom line, take half of the 7% and put it in portable individually owned accounts and this would provide more income at retirement than the full 7 currently does. take the other half and use it to bolster the severely poor a true safety net which must not be diverted for anything else - problem solved.
Sigh. I can’t quite convince my wife that we should have some holdings in precious metals. She isn’t a liberal by any means, but she doesn’t see things quite the way I do, either.
Well, I guess we compliment each other!
#13 If you live in Kentucky you can make extra money by making moonshine plus you get to power your car with it.
#13 If you live in Kentucky you can make extra money by making moonshine plus you get to power your car with it.
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