Posted on 02/12/2008 7:37:17 PM PST by MotleyGirl70
The only exception is Bill Clinton, who somehow managed to get born only 6 months after his Mother's husband got home from the war.
“For you X’rs.....just thought of this....My husband and I SAVE about 30% of our NET pay per year....and have been for a while...”
This is the exact plan I started last year. Where did you put it? Right now I have it sitting in a Money Market and I feel like I am being dumb.
I think that’s Boomerism inflation. It used to only go through 56.
Hank
Obviously not. Stastically speaking, the first boomer had to be born in the fall of 1942, and I'm sure that they are receiving SS by now.
at what point did the media realize she was the first baby boomer? did they already know as soon as she was born? they couldn't already know there was going to be a baby boom at that point... so when? how did they find her? interesting...
“Believe me, I already have. I’m not exactly good with women...”
Trust me on this. We chicks crave confidence. The guy who won me in the end was not the highest earner, or the smartest. But he knows exactly who he is and what he believes.
Social Security is a slow-motion Ponzi scheme and you are witnessing the first drops of water overflowing the dam in what promises to be the single most massive economic failure in human history.
Kinda changes things a bit when you realize that all that money that got paid in has already been spent on other government programs, and all that is left in the bank is an empty promise.
On the bright side, euthanasia seems to be more politically popular these days.
Oh, good stuff then. Confidence is about all I’ve got to give right now.
you will have a guarentee pension.....SS will not be as necessary as for those without pensions...
Death rates for a given age are relatively constant. At some point the leading edge of the population boom will move into the death windows. The spike observed in births will be matched by a similar spike in deaths. At some point, it will reach equilibrium between new boomers entering retirement and the leading edge assuming room temperature. It won't be an endless upward spike in demand for SS benefits.
Hmmmm, I have always thought it was 46 to 64.
Maybe I can run for the House in a couple of years. I’m more conservative than my current representative.
“April of ‘09 for me, and I’m going on the teat immediately, basically just to piss off the X-ers on this board. Screw ‘em.”
May of ‘09 for me. However, I only get 40% of SS, because I worked over half of my life under SS, and then the last almost half for a State gov’t entity, a public university. Thus, I paid into the State university retirement system for those years, and even though I have all my credits because of having worked the majority half of my life under SS, I will only get 40% of SS. So, if I take out my SS at 62, I will get two cents waiting for change. If I wait until I am 66 (which is my official can retire year) I will get four cents waiting for change. Haven’t made up my mind yet whethet its better to take the two cents for a longer period or the 4 cents by waiting, although one can indeed croak and not get to the 4 cents part. Decisions, decisions.
I'm right there with ya on bending over, being just a few years older. By the time we are in our 40s we will probably be all out slaves to socialist security.
It's time to end this madness now! I've been seriously looking into 'under the table' work to offset what is confiscated from me by this forced "retirement pension" that I have no desire to participate in and or will never see.
It actually moved around a little until the sharp decline in births in 65. It was meant to become a marketing block which proved to pay off very well.
It won’t fail catastrophically for several more years. I would say that most of the boomers will probably skate, it will be retiring gen-x that will have to fight off angry gen-y and z. And yes, by that time euthanasia will be routine.
oops, screwed up on the formatting in the post above to you. my reply is at the end. :)
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