Memo to Baby Boomers:
You are royally f****d.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
Not for awhile. In the meantime, the Feds are going to bleed us dry before admitting defeat. So we’re the one’s royally f****d.
Not the boomers who are f****d, it is those of use who come along after. :(
With all those votes? What do you think retired baby boomers are going to vote to do? Correction: Memo to Baby Boomers Gen X'ers and beyond: You are royally f****d.
I've got no real solution for the medicare/SS problem for the future, so I'm trying to built my estate for them, so that when the crap hits the fan, they will have enough to sustain themselves.
I know it's selfish, but since I can't save the world, I'll do the best I can for my family.
I could have saved more people, but the gummit took too much of my money via taxes, so it's up to the gummit to save the rest of the people.
Memo to those who hate Boomers (largely those who hate their parents):
We've been f****d for decades. No one noticed until the gorilla in the room got older.
The geezers before us set this s**t up. We paid for it, NOW suddenly we're the problem now that there is not 12 workers for every beneficiary.
I don't want SS OR Medicare. Can someone tell me how I can get my money back from the last 35 years of work? Better yet, can someone please tell me how I won't have to pay 12.6% for the next 20 years?
And you think it’s going to be better for Gen X, Y or the others? Think again. At least I (a Boomer) SAVE. The youth of today are probably in the worst debt of any group I’ve ever seen (yes, there are absolutely large numbers of Boomers there as well - some people just can’t save).
As far back as 1975 or 1976, my dad told me absolutely NOT to count on SS. He said it would not be here. I have made some investments that I hope will assist me in my older years and my husband and I both do not believe in large debt. The only reason we will keep our mortgage open for as long as possible is for the tax breaks.
The only thing I worry about is health care since I’m not sure how things will play out in the U.S. with so many dummies who think it’s “free.”