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re: Social Security and Medicare will be Insolvent in the 2030s
Posted on 10/5/23 at 8:31 am to ronricks
Posted on 10/5/23 at 8:31 am to ronricks
I am 64, the ss benefits if retired today
$1700, if I work till 70 then i get $3500
that is barely enough to pay taxes in harris co.
as far as "other retirement"
and 3 company buyouts, and their "sus" handling of 401ks,
and co stock that dropped like a rock, costing another $40-60% of the investment, well
It left me with nothing after 45 years of working my arse off in decent jobs. I almost broke even with my contribs, but the co's contribs were eaten in losses
I would have made more money buying unopened boxed hot wheels cars for 40 years.
and I admit some is my fault for not learning to stock trade, but how many other skills do you do to just survive?
so much for fiduciaries having "your interest" in mind
but, I guess I will work, and hope death takes me before I can't work
seriously, f'k this planet
$1700, if I work till 70 then i get $3500
that is barely enough to pay taxes in harris co.
as far as "other retirement"
and 3 company buyouts, and their "sus" handling of 401ks,
and co stock that dropped like a rock, costing another $40-60% of the investment, well
It left me with nothing after 45 years of working my arse off in decent jobs. I almost broke even with my contribs, but the co's contribs were eaten in losses
I would have made more money buying unopened boxed hot wheels cars for 40 years.
and I admit some is my fault for not learning to stock trade, but how many other skills do you do to just survive?
so much for fiduciaries having "your interest" in mind
but, I guess I will work, and hope death takes me before I can't work
seriously, f'k this planet
This post was edited on 10/5/23 at 8:37 am
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