tag:blogger.com,1999:blog-31586983.post6692940093219907946..comments2023-11-05T03:25:19.346-05:00Comments on Salisbury News: Middle Class knows it faces a Grim RetirementAnonymoushttp://www.blogger.com/profile/10469687445528023080noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-31586983.post-24734963725143817572014-10-25T18:00:41.750-04:002014-10-25T18:00:41.750-04:0012:41....good comment. VERY good.
The wealthy hav...12:41....good comment. VERY good.<br />The wealthy have retained and gained LOTS while the FACT is that there are no longer pension plans (that can be RELIED upon - especially if its one that PROMISES some extravagant payouts and bennies in 5-10 years!), profit sharing (one NOT manipulated by accountants), CD's pay nothing (while the money is loaned OUT at 12-24%) AND 401(k)'s<br />get cleaned out by crooked manipulations, too. Social Security? You better understand that it is, without question, a house of cards that will crash and burn. Start picturing the scenario's.....tell us a happy ending, too.<br />YOUR guy, of course, is going to "change things". That's a lock.<br />Keep cheering.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31586983.post-32291077076282527422014-10-25T17:34:38.677-04:002014-10-25T17:34:38.677-04:0011:25
Good for you!
I'm happy for you. You d...11:25<br />Good for you!<br /><br />I'm happy for you. You don't identify with 90% of Americans.<br /><br />I wish I didn't identify with them either. Unfortunately, I am one of them!<br /><br />Worked my ass off all my life. Have a little money saved, yes. However, as the other commenter stated, I am collecting .5% interest on my savings. <br /><br />OK let me be honest. I am losing money every year I leave it in the bank. The rate of inflation far outpaces the paltry .5% I earn. <br /><br />The Federal Reserve really did a number on Americans. People like 11:25 simply don't realize it yet.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31586983.post-8607675993767849862014-10-25T13:14:24.784-04:002014-10-25T13:14:24.784-04:00I just get tired of ads showing retiree's trav...I just get tired of ads showing retiree's traveling the world and doing everything they couldn't do while they were working.Nothing changed for me when I retired other than now I don't go to work each day.Good for those who retired with wealth.I'm just not one of them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31586983.post-81490077935265702012014-10-25T12:41:58.580-04:002014-10-25T12:41:58.580-04:0011:25 welcome to 2014, my parents had the same but...11:25 welcome to 2014, my parents had the same but they had their job for over 30 years!!! That is not what you or I will have. Time to wake up ! We will not have social security and there are no sweetheart retirement plans today like our parents had. Maybe you work for the government or something. The interest rate in 1984 was close to 12% for CD's today it is little over 1%.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31586983.post-30429404506480470622014-10-25T11:25:59.329-04:002014-10-25T11:25:59.329-04:00The only person someone can blame about not being ...The only person someone can blame about not being able to retire is themselves. Hard work, being a bit frugal, staying out of debt, and saving for tomorrow go a long way. Both of my Parents retired by 60, and they were always in the middle class. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31586983.post-63397570610764289902014-10-25T09:44:43.784-04:002014-10-25T09:44:43.784-04:00Democrats have created a two class system the rich...Democrats have created a two class system the rich and the poor....The rich are 1%.Anonymousnoreply@blogger.com