[marktwain]

I recall back about 1985 listening to an auto-work whine about being laid off. He had been making twice the starting wage of an engineer for twenty years, yet he was up to his ears in debt, living from paycheck to paycheck, with a lot of toys that had depreciated to 1/10th of what he had paid for them.

I didn't have any sympathy for him. Anyone who is a boomer who has counted on Socialist Insecurity for their "golden years" is a fool. They have been told over and over about the coming bust of the system. All anyone has to do to become well off in this country is to consistently save 20% of what they make, year after year, for 30 years, and invest it reasonably.

But a whole lot of people would rather live paycheck to paycheck, and rely on someone else to provide for them later.

[CIDKauf]

Read the story of the "Three Little Pigs".

[riverrunner]

If we didn't have the government stealing 15% off the top we all could invest 20% and have good retirements.