Comments on: Retirement is a Scam

By: Tod

Tod — Sat, 14 Aug 2010 16:51:31 +0000

I’m not against delayed gratification in principle — I’m against delaying it until you’re too old to enjoy it. I think most people work too hard when they’re young to get things that aren’t really important later in life when they generally can’t enjoy them anyway. But if the traditional approach works for you, great!

By: Bobby Clerici

Bobby Clerici — Sat, 14 Aug 2010 16:46:51 +0000

Wow, I disagree with this whole article. I work with several men in semi-retirement up to age 90. They live well, remain active and do what they desire with the wealth they built through the years.

We play tennis, go biking, eat out and travel all over. This life would never be possible were it not for our retirement planning, delayed gratification and hard work.

Son, you are not in fellowship with the right people if your vision of the golden years is not happy. I pity you.

B Clerici

By: Matt McCormick

Matt McCormick — Thu, 20 May 2010 03:24:37 +0000

What’s even crazier about retirement at 65 is that when 65 was set as the “retirement age”, the average life expectancy was only 62.

By: tod

tod — Sun, 28 Feb 2010 22:41:05 +0000

You know, what many left-wing think tanks are arguing for now is to have the government establish mandatory retirement savings accounts for each person. They tax you into Medicare (a retirement health plan), they tax you into social security (a retirement pension plan), and now they want additional money to go into separate retirement savings accounts. They might as well just take all of our money and manage it for us, giving us a weekly allowance out of our own wages. What is happening in this country is insanity. You are witnessing certain customs of human behavior, right or wrong, forced on us all. Do most people save for retirement? Then we all will, they decide. Are most people never going to drink raw milk? Then we will outlaw it for everybody, they decree.

I am young, as you guessed. I don’t want to live in this kind of world forever. This blog is part of my effort to fight for individual rights. It’s disheartening to hear stories of those who have been abused by the government but have no claim against it, except wanting to be left alone. I hope that we can stop it in time.

By: J. Zerga

J. Zerga — Sun, 28 Feb 2010 21:23:03 +0000

Since there is likely very few people named “Tod” from my generation, it’s probably safe to assume that you’re much younger than me.

I’ve been raging against social security since I was in my late teens in the early 1960s. By that time, social security retirement had been in existence for close to thirty-years. About that time, people who’d been paying into the system (having the money involuntarily stolen from their pay check) were collection retirement in larger numbers. The old people, who always voted had plenty of political power and blocked anything to do with social security elimination or reform. About that time, the media labeled the social security debate as the “third rail” of American politics.

During that period, Medicare was added an auxillary budget buster. Then, social security disability, which was apart from the original retirement system was quietly installed. Disabled persons, including children started getting monthly handout cash. If your kid was simply stupid . . . he got a check. Had a cousin who was a 300 pound psycho maniac who at least once set fire and burned their house to ground. She received $985 a month starting in the 1970s just for being an out of control maniac.

Myself, I would like to see the who anti-American destructive system abolished, but it won’t happen so as the United States in it’s current form exists. Should the 50-state union collapse and break up, which may happen sooner than later, social security would naturally disappear too.

I will turn age 65 next year and want as little to do with the federal government as possible. Unlike a number of long time friends who signed up for socialist security retirement bennies at age 62, I did not. Want as little to do with the federal government as possible.

For one thing, there are too many strings attached and taxes are levied. Social security retirement is a total scam as the money was already taxed by the IRS before the social security money was ripped from paychecks over the years.

Considering the meager thousand bucks a month before taxes, I for one can’t be bothered. Meanwhile, millions of my fellow boomers, now in their sixties, are bellying up the troth to suck on the great government social security teat.