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re: What is y'all's $ amount goal for retirement?
Posted on 10/21/14 at 4:58 pm to beaverfever
Posted on 10/21/14 at 4:58 pm to beaverfever
But, what happens when you suckers work and save for retirement, and the government 'nationalizes' all retirement accounts? They take the money in exchange for a future benefit?
Hell, you owe them the taxes on tax-deferred accounts anyway, so part already belongs to them. To pay for previous retirees.
Then you ran like a hamster in the wheel for a long, long time, only to have the cheese taken away at the end. Then what?
Hell, you owe them the taxes on tax-deferred accounts anyway, so part already belongs to them. To pay for previous retirees.
Then you ran like a hamster in the wheel for a long, long time, only to have the cheese taken away at the end. Then what?
3
Posted on 10/21/14 at 5:01 pm to Traffic Circle
We'll be beyond screwed at that point. What happens when you don't save and live off ramen in a shack when you're 75?
Posted on 10/21/14 at 5:07 pm to Traffic Circle
It won't be a light switch situation, so during the time when it becomes apparent that it is about to happen, I'll liquidate, eat the tax liability and gtfo. Or don't pay the taxes and really gtfo.
Posted on 10/21/14 at 5:33 pm to Traffic Circle
quote:
But, what happens when you suckers work and save for retirement, and the government 'nationalizes' all retirement accounts? They take the money in exchange for a future benefit
Civil War 2
I plan on having about $20 mill and two 25 year olds; 1 blonde, 1 brunette
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