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The Water Cooler
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Where did the idea of retiring at age 62 and living off the gov come from
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<blockquote data-quote="ttown" data-source="post: 2053078" data-attributes="member: 2114"><p>Sounds like to me they just need to pull everyone credit and make them save like the old days. Too many fell they need a big house and fancy car right out of high school. I worked 20 years before they got their first new car.</p><p></p><p>My 401k looks like quite a bit but it hasn't been taxed so I'm sure they'll just tax the crap out of us to complete that scam. Really all I've saved over my 40 years in maybe 7 or 8 years of my current wage. Now that said 20% been going into this 401k so I'm not spending it all. I figure I could live on $800 a month since I live in a small modest house that is paid off if it weren't for medical.</p><p></p><p>Were all going to get SS, you do realize they are printing 85 billion a month out of thin air don't ya? We'll get it I just hope it pays for my required medical though.</p><p></p><p>Let me give you a clue. They want to cut my SS because I saved? Guess who will have the big house and fancy cars then?</p><p></p><p>It like those saying tax the rich. A lot of those people may have high college loans they're paying off, Work 6 or 7 days a week 10 to 12 hours a day to try to become rich. Maybe we should just require everyone to work at least 60 or 70 hours a week. This tax the rich will back fire, we'll all only start working the 40 hours a week if we can't better ourselves. If you have a small bussiness you lay everyone off and it will be a family bussiness with limited hours. It all sounds so good for someone else to have to pay your way doesn't it.</p></blockquote><p></p>
[QUOTE="ttown, post: 2053078, member: 2114"] Sounds like to me they just need to pull everyone credit and make them save like the old days. Too many fell they need a big house and fancy car right out of high school. I worked 20 years before they got their first new car. My 401k looks like quite a bit but it hasn't been taxed so I'm sure they'll just tax the crap out of us to complete that scam. Really all I've saved over my 40 years in maybe 7 or 8 years of my current wage. Now that said 20% been going into this 401k so I'm not spending it all. I figure I could live on $800 a month since I live in a small modest house that is paid off if it weren't for medical. Were all going to get SS, you do realize they are printing 85 billion a month out of thin air don't ya? We'll get it I just hope it pays for my required medical though. Let me give you a clue. They want to cut my SS because I saved? Guess who will have the big house and fancy cars then? It like those saying tax the rich. A lot of those people may have high college loans they're paying off, Work 6 or 7 days a week 10 to 12 hours a day to try to become rich. Maybe we should just require everyone to work at least 60 or 70 hours a week. This tax the rich will back fire, we'll all only start working the 40 hours a week if we can't better ourselves. If you have a small bussiness you lay everyone off and it will be a family bussiness with limited hours. It all sounds so good for someone else to have to pay your way doesn't it. [/QUOTE]
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Where did the idea of retiring at age 62 and living off the gov come from
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