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Opinion: I retired during the pandemic. Now inflation has me counting pennies
CNN ^ | Tue October 4, 2022 | Linda Stewart

Posted on 10/04/2022 7:22:29 PM PDT by nickcarraway

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To: napscoordinator
today's economy is GREAT for govt workers....they lost nothing during covid and a lot of them never even had to go into work....

its the private sector and those retired....

21 posted on 10/04/2022 7:52:50 PM PDT by cherry
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To: LizzieD

“the Inflation Reduction Act”

The rule of opposites—we know what that means!


22 posted on 10/04/2022 7:53:51 PM PDT by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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To: nickcarraway

I hardly drive at all unless for fun

Don’t have to commute and blow very little $ eating out

Gas heat and appliances


23 posted on 10/04/2022 7:55:05 PM PDT by NWFree (Somebody has to say it 🤪)
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To: cgbg

She likes the Wallet Reduction Act but here she is complaining


24 posted on 10/04/2022 7:58:48 PM PDT by NWFree (Somebody has to say it 🤪)
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To: napscoordinator

“In 20 years, the story is going to be quaint compared to what’s coming. The future is really really horrible financially.”

_____

People are in denial about what is coming in the future. Things usually get better after a recession in the U.S. However, that is because we have government officials working to alleviate the problems and doing what is necessary to improve our financial situation.

This time is different. We have a government that is working to destroy America’s economy. We are heading for a depression and the people are not prepared for it.


25 posted on 10/04/2022 7:59:55 PM PDT by CFW
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To: nickcarraway

He says he’d like one more stimulus check! Where does he think the inflation that’s hurting him came from??


26 posted on 10/04/2022 8:00:59 PM PDT by rexthecat
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To: nickcarraway

I did that! — Joe Biden
No, I did that! — Janet Yellen


27 posted on 10/04/2022 8:01:01 PM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
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To: nickcarraway
One thinks one sees the problem. From the piece...

I’ve been very pleased with the legislation Congress has passed, such as the Inflation Reduction Act, because I know it will help our economy in the long run, especially lowering the cost of prescription medicine. But so far, I haven’t felt the benefits of it.

I was really grateful for the stimulus checks that the government distributed earlier in the pandemic – it would be nice if we could get one more to get us through until inflation cools. Temporarily reducing our taxes would also offer some much-needed relief. And raising the federal minimum wage would certainly help those who are lower-income and would put more money back into the economy.

Liberals, progressives, collectivists, and Dems have no idea where money comes from, and never will.

28 posted on 10/04/2022 8:01:45 PM PDT by Seaplaner (Never give in. Never give in. Never, never, never...in nothing, great or small...Winston Churchill)
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To: fhayek

I’m hoping to work until at least 70. Then I’ll probably be in harness part-time, thanks to this screwy economy and my relatively modest savings.


29 posted on 10/04/2022 8:01:59 PM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
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To: glorgau

Yep, and if you bought in during those flat periods, you’d be seeing huge gains when it goes up. Dollar cost average beats any attempts to time the market.


30 posted on 10/04/2022 8:04:10 PM PDT by Magnum44 (...against all enemies, foreign and domestic... )
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To: nickcarraway

“I was really grateful for the stimulus checks that the government distributed earlier in the pandemic – it would be nice if we could get one more to get us through until inflation cools. “

_____

Well, this person is obviously an idiot. She complains of inflation then begs for more of it.


31 posted on 10/04/2022 8:05:56 PM PDT by CFW
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To: nickcarraway

We’re supposed to feel sorry for her? She chose … poorly.


32 posted on 10/04/2022 8:06:24 PM PDT by from occupied ga (Your government is your most dangerous enemy - EVs a solution for which there is no problem)
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To: nickcarraway

I retired in 2014 and have never ever had the desire to go back to work again. I arranged my financial affairs so as to be comfortable for the rest of my life. Even if Social Security goes away, I will be comfortable.


33 posted on 10/04/2022 8:09:05 PM PDT by AlaskaErik (In time of peace, prepare for war.)
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To: All

34 posted on 10/04/2022 8:13:03 PM PDT by BipolarBob (I was born into this world with nothing . . and I still have most of it .)
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To: nickcarraway
I’ve been very pleased with the legislation Congress has passed, such as the Inflation Reduction Act, because I know it will help our economy in the long run, especially lowering the cost of prescription medicine. But so far, I haven’t felt the benefits of it.

People who get their news from the fakestream media actually believe the so-called Inflation Reduction Act is going to benefit them and reduce inflation. This woman is due for some serious reality checks.

35 posted on 10/04/2022 8:14:09 PM PDT by AlaskaErik (In time of peace, prepare for war.)
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To: nickcarraway
I’ve been very pleased with the legislation Congress has passed, such as the Inflation Reduction Act, because I know it will help our economy in the long run …

Life sucks when you’re stupid

36 posted on 10/04/2022 8:14:53 PM PDT by 11th_VA (XX < > XY)
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To: Seaplaner

It’s a good example of libtards chasing their tails. Just like the ones wasting money we don’t have. And then they scratch their dufus head and wonder what went wrong. Solution - more of the same crap that causes the problem to begin with

Libtardism


37 posted on 10/04/2022 8:15:06 PM PDT by NWFree (Somebody has to say it 🤪)
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To: telescope115

My wife is a public school teacher with a masters so she is at the top of the salary range. She has a little less than 3 more years to go to get a full pension and health insurance. She also has a 403B and if she starts collecting SS at retirement will receive in today’s dollars $2800.00/month. We have paid off our mortgage 5 years ago and have no debt so when she retires in 2025 we can live off her pension and SS and put all of my pay into savings and retirement which is what we are basically doing now.

I have a traditional IRA, a 401K with company match, a Roth 401K and we both have Roth IRAs that we contribute the max every year. I intend to wait until I’m 70 to start collecting SS in today’s dollars that is $3200.00/month.

We have spent most of our adult lives being irresponsible with our finances. About 5 years ago we grew up a bit and paid off our debt which we just finished doing. Now we put quite a bit of money aside and into our 401s which are a disaster right now. But if everything goes even semi-according to plan we will still have more funds available to us than we need.

While I’m pissed at the way the economy is being run we are not as wacked out about inflation as I see most of my co-workers. We have had a reversal in our thinking about our finances and lifestyle and so happy we did, yes we have stopped doing some things but we have eliminated a lot of money drains also.


38 posted on 10/04/2022 8:24:21 PM PDT by fatboy
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To: 11th_VA

Life sucks when you’re stupid

But being stupid is like being dead, you don’t know it, and you’re just a problem for everyone else.


39 posted on 10/04/2022 8:25:49 PM PDT by drSteve78 (Je suis Deplorable STILL)
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To: Magnum44

“The ability to hunt or farm will.”

The gun grabbing will make the hunting more difficult. They will control the food and we will be eating bugs.


40 posted on 10/04/2022 8:27:02 PM PDT by Neverlift (When someone says "you just can't make this stuff up" odds are good, somebody did.)
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