[mosaicwolf]

"They also worry Americans do not seem to save enough when they are working and in retirement their meager pension income will force them to rely on Social Security."

OK...Got it. Now somebody explain to me why this is my or any other American's problem?

[Rusty0604]

This will be totally ignored because:

Low income and minorities don’t save as much and everything needs to be equal;
And the gov’t needs retirement accounts that must invest in U.S. Treasuries as the Fed tapers QE

[Brooklyn Attitude]

I dont understand this. CPS did a study on income in retirement but left out people’s 401K distributions? That’s like studying how many calories people eat in a day and leaving out dinner and snacks.

[Gay State Conservative]

save for later

[Organic Panic]

This is interesting. I’ve heard from several liberal democrat sources that the reason so many people are retiring is because the economy is going so well that the baby boomers can retire with their new found wealth.

Now it’s a crisis.

Democrats, is there anything they can’t Fluke up?

[Cementjungle]

We still have a lot of retirees who have the old traditional pensions from their former employers. Most of those pensions got phased out in favor of 401K plans about 30 years ago (except for public employees) so I think we’re soon going to start seeing people entering retirement with pretty much nothing other than SS. That’s when it’s going to get rough.

[Chickensoup]

I think public pensions, state, local, city, teacher’s and federals will be swallowed into SS.

And they should.

I know a young woman who will be retiring at half pay at forty eight. Her husband defended her by saying that she worked since college. Who hasn’t? Then he said, well she works with K-3. So what?

Everyone works hard. Since when have teachers worked harder?

I am tired of having my pocket picked by public unions. To pay for someone’s forty year retirement.