6 Reasons to Delay Retirement

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I totally agree with the six "reasons" made by 'MK Ultra of NE'. I have already delayed my retirement a year because of the 2008 Banking/Wall Street disaster. I have no idea when I might be able, if ever, to retire. My retirement fund, unlike the rich guys, has NOT BOUNCED BACK. I have had two brain surgeries, two knee surgeries, cataract surgery, surgery on both wrists for carpal tunnel and all in the last seven years. I just completed radiation for a tumor. I thank the good Lord I'm still here. But, I'm not in the best shape to keep working and working so our government can throw away my retirement options. It's all well and good to say let them work to 70 to save the Social Security System, but "they" may not be able to work to 70. And you can forget getting "Disability". I've tried, I don't qualify. That's OK, just leave my pension alone and I will make my own way, just like I always have.
But, I do think we need to get rid of EVERY LAST INCUMBENT this fall. Republicans and Democrats. Maybe come up with new parties that can WORK TOGETHER and get something done. I am sick to death of all the fighting and partisanship backstabbing going on in Washington that prevents the REAL WORK that they were sent there to do from being done.
Mostly, I am just sick and tired. Sick and tired of the rich guys and gals in Congress and the White House. Sick of them looking out for themselves with big raises and asking us to cut back and work longer. I'm sick of them forgetting the people that put them there. I'm sick and tired of being sick and tired.

Sick and Tired of LA 11:57AM August 13, 2010

First of all it was supposed to be a "Trust Fund". Any public sector such fund, so managed, would have been subject to criminal investigation. Eisenhower started the process of fund pillage by funding the first 5 years of the NSA budget from the Social Security "Trust Fund". Was it ever paid back? A review of just a one year federal budget revealed a 37 Billion surplus for the trust fund. What was done with the proceeds? They bought long term Federal securities, to help balance the Federal Budget. Sounds like the definition of a Ponzi Scheme to me! Their solution: Some Congressional wing-nut has proposed pushing the retirement age from 62 to 70!

J. Smith of PA 8:13AM August 13, 2010

I have a much better idea. How about getting all illegal aliens off of the government dole. This alone should free up billions of$$$$ to pay for U.S. citizens retirement. Folks who have put in their years of work and sacrefice deserve to be able to relax and enjoy life. Again just for starters. Oh and of course kick Obama out of the White House.

Larry of TX 2:53PM August 07, 2010

1. The US government used up our Social Security in warmongering.
2. Wall Street bankrupted our private retirement.
3. We've entered the official era of wage slavery.
4. To make more money for 'the man'
5. Because retirement is only afforded to the rich.
6. The poor are not entitled to such luxuries.

MK Ultra of NE 12:09PM August 02, 2010

It's also the case that people are just getting older and are living longer. The average age for men is now around 78 or something like that. Some people say it's good to budget for retirement as if you plan to live to 90 or even 100. So, if there's a surplus, GREAT! But, think about the health care and long-term care that can suck up much of the savings.

H. Bradley Bertrand of OK 8:05AM July 21, 2010

12 States - no taxes - I believe your figures for Texas are incorrect - the median property tax is closer to $ 3000. + per year
also the average Sales tax ( the true amount you pay at the register is 8 %) is 8+ % not 6.5 which is only the states portion

James Rhoades of TX 5:36PM July 16, 2010

For every gain listed for older employees there is an equal and opposite cost for younger jobless workers who would have otherwise replaced the retirees.

phydroxide of ID 1:08PM July 16, 2010