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To: blam

As we boomers age, we are not leaving the workforce in the same numbers as our predecessors did. We are working years longer than usual and will continue to do so out of financial need. My 401K is stagnant and I cant expect SS to be there.......


2 posted on 09/17/2011 8:17:16 PM PDT by Red Badger ("Treason doth never prosper.... What's the reason? Why if it prosper, none dare call it treason.")
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To: Red Badger
" We are working years longer than usual and will continue to do so out of financial need."

I retired at age 50...17 years ago.

4 posted on 09/17/2011 8:28:12 PM PDT by blam
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To: Red Badger
Boomers working longer really is the only solution. I can see some really creative solutions coming into play. For example:

  1. Work 4 days a week and collect 20% social security, 3 days and collect 40%, 2 and collect 60%.
  2. Minimum age of 62 for certain jobs, particularly in the government sector. Start cutting the bottom 20% of performers every year to create more openings.
  3. Work at home type jobs. Property tax exemptions for anyone over 60 who puts in a given number of hours tutoring, baby sitting, etc.
  4. Periodic drug testing for people receiving SSI crazy checks. Let them learn to pick vegetables, fix roofs or do all the jobs we supposedly need illegal aliens to do.
  5. Same rule applies to elderly immigrants as American natives-- you need to work the same number of quarters to become eligible for Social Security, SSI, etc. If your kids want to bring you in from the home country, they can either make enough money to support you, you can bring enough savings to support yourself, or you can stay in your home country where the cost of living is probably cheaper. Your family finances are not the responsibility of the American taxpayer.

7 posted on 09/17/2011 8:36:23 PM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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