and some of us self-employed fools paid the full amount - meaning both the non-existent employer contribution and our own.
Now, because of the humongeous health care premiums we once paid, we couldn’t save enough, so now are up the creek. No paddles remain.
We would really appreciate a check for all we have paid in, with reasonable interest, and please consider all the losses incurred by the ever-shifting tax laws which consumed our savings when the “rules” changed.
Anyone remember when they did away with the law that let us income average for the good years vs the lean years?)
We have been screweled by our congress and administration for far more years than we care to think about, and when we try to explain the late 70s/early 80s to our adult children, they get that thousand yard stare, like the old-folks are whining again.
What the heck, I can’t even get across the concept of the fiat dollar to them.
It seems that they are doomed to have to learn it all on their own, the hard way. And, then 4 generations later, there will be a reprise of the same old sad refrain.
My only advice is to get out of your 401k/IRA/stocks, etc, and grab some real money while it is still cheap. That doesn’t mean fiat dollars/computer bank entries, my friends - but silver and gold coins, or bullion. Not paper, but the real deal, in your own possession.
Even though we are presently too poor to take these precautions, and need all our savings for meeting the “assisted living” bills, you might be in a better position to protect yourselves, your children, and your grandchildren against the oncoming devastation.
Again, do your own research, and be aware of the dangers of the market gimmicks out there. Not all that glitters, etc.
and some of us self-employed fools paid the full amount - meaning both the non-existent employer contribution and our own.
Now, because of the humongeous health care premiums we once paid, we couldn’t save enough, so now are up the creek. No paddles remain.
We would really appreciate a check for all we have paid in, with reasonable interest, and please consider all the losses incurred by the ever-shifting tax laws which consumed our savings when the “rules” changed.
Anyone remember when they did away with the law that let us income average for the good years vs the lean years?)
We have been screweled by our congress and administration for far more years than we care to think about, and when we try to explain the late 70s/early 80s to our adult children, they get that thousand yard stare, like the old-folks are whining again.
What the heck, I can’t even get across the concept of the fiat dollar to them.
It seems that they are doomed to have to learn it all on their own, the hard way. And, then 4 generations later, there will be a reprise of the same old sad refrain.
My only advice is to get out of your 401k/IRA/stocks, etc, and grab some real money while it is still cheap. That doesn’t mean fiat dollars/computer bank entries, my friends - but silver and gold coins, or bullion. Not paper, but the real deal, in your own possession.
Even though we are presently too poor to take these precautions, and need all our savings for meeting the “assisted living” bills, you might be in a better position to protect yourselves, your children, and your grandchildren against the oncoming devastation.
Again, do your own research, and be aware of the dangers of the market gimmicks out there. Not all that glitters, etc.