7 ways retirement is different now
More than ever, workers are having to take responsibility for planning and financing their golden years. Here’s what the not-yet-retired need to consider.
VIDEO ON MSN MONEY
I have a friend who SS is going up in Jan.13....1.7%. He gets $17 a month more and his medicare went up over $8, that leaves him with a little over $8 a month increase. Ooops wait, his association fee went up $20 a month, now he's worse off than he was. That's what old folks get in our country. His 401 got wiped out. Oh and the water company, gas company and power company wants their yearly increase, he just seems to be going backwards financially. He keeps cutting or trying to cut expenses but they keep going up so fast.
How annoying is it that this country gives BILLIONS & BILLIONS AWAY IN FOREIGN AID and we don't take care of our seniors?
retire with the washington buzzards trying to pick my money to the bone, i think not
the government is trying every way in the world to get money in there,
retire in the face of knowing the infaltion is on the way and every way of taxation in the world is also
on the way, I dont think so
I will be retiring from my current job in less than four months following 38 years of employment there. I have already started interviewing for my second career that I hope will last another 10 to 12 years, taking me to full SS benefits age. The additional 10 to 12 years of work will also allow for further growth of the lump sum distribution I will be receiving in lieu of monthly pension checks
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