To: oceanview
sure, there is a "bubble" out there of americans entering retirement now, who worked when wages and pensions were "fat" in the US, and those well heeled seniors are living it up. but right behind them, we have a demographic time bomb headed towards retirement. a time bomb of corporate workers who are seeing pension and retirement benefits stripped away by US corporations at an alarming rate (I am one of them), and who are not going to have anywhere near the retirement experience of americans who are current 60+ years of age. I'll be lucky to avoid working at McDonalds in my "golden years" at the rate I'm going.
I'm 40, I'll have to work until I croak.
85 posted on
09/26/2006 5:02:29 PM PDT by
Nowhere Man
(Pansy: b. 8-19-1987 - d. 8-27-2006, I'll miss you, little princess.... B-()
To: Nowhere Man
switch to a government job, its about the only safe path now to a decent retirement package. and young people are starting to realize that - I have never heard so many young people tell me that want to work for government. they see their parents getting beat up in the private sector - hours worked, benefits slowly trimmed away, always tied to a cell phone even during "off hours" - and alot of them are wondering whether its worth it.
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