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Daily CE Musings of Piob - Page 81

post #1201 of 5111
When I read stuff like this I don't know whether to laugh or shake my head.

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/08/07/almost-20-percent-of-people-near-retirement-age-have-no-retirement-savings/
Quote:
One in five people who are near retirement age have zero money saved.

Yes, you read that correctly.

The sobering statistic was one of many released by the Federal Reserve on Thursday as part of its report on the economic well-being of U.S. households, which surveyed more than 4,100 people online last year between mid-September and early October.

The study offered a stark reminder that as more Americans are made responsible for their own retirement, most are not saving nearly enough. Overall, 31 percent of people said they have zero money saved for retirement and do not have a pension. That included 19 percent of people between the ages of 55 and 64, or those closest to retirement age.

What's going on here? A lot of people said they rarely thought about retirement, at least not until it was too late. About 41 percent of people ages 18 to 29 said they never thought about retirement planning, a number that understandably declined to 20 percent for people above the age of 60.
post #1202 of 5111
Quote:
Originally Posted by Connemara View Post

When I read stuff like this I don't know whether to laugh or shake my head.

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/08/07/almost-20-percent-of-people-near-retirement-age-have-no-retirement-savings/

Look on the bright side. Lots of well-seasoned ladies will be desperate for a younger, employed man who can support them.
post #1203 of 5111
Quote:
Originally Posted by lawyerdad View Post

Look on the bright side. Lots of well-seasoned ladies will be desperate for a younger, employed man who can support them.

bounce2.gif
post #1204 of 5111
who cares? fuck old people.
post #1205 of 5111
While not as crass, I'm basically of the same opinion. It's not like retirement should "surprise" anyone, and it's your own responsibility to live within your means knowing you'll have twenty years without an income.

This overspending without thought of consequence basically is why this country is screwed in the first place. Eventually the hammer has to fall
post #1206 of 5111
Quote:
Originally Posted by Harold falcon View Post

who cares? fuck old people.

PA is one of the few states that still enforces filial responsibility laws, and uses it for cases that don't involve transfer of funds from the parents to their children to avoid making payments. People getting hit up for big money to pay for their parents nursing care and such.

I can't imagine voters will put up with that for too much longer. Getting ruined by your parent's bad decisions just seems un-American.
post #1207 of 5111
Thread Starter 
Quote:
Originally Posted by Gibonius View Post

I can't imagine voters will put up with that for too much longer. Getting ruined by your parent's bad decisions just seems un-American.

Yes, taking care of one's family is now un-American but bankrupting the country to pay for Medicare and SS is patriotic.
post #1208 of 5111
Quote:
Originally Posted by Piobaire View Post

Yes, taking care of one's family is now un-American but bankrupting the country to pay for Medicare and SS is patriotic.

Being legally mandated to pay for whatever medical care your parents choose to pursue, without having any say over the care or their entire lifetime of financial choices does not seem tolerable to me. You can't inherit any other form of debt from their bad decisions, why should medical care be the exception?

"Let society pay for it" is not an ideal solution either, but putting individuals at risk for being utterly ruined by expenses they had zero say over seems worse to me. Those are not the only two solutions, of course. We could easily start actually rationing care to some extent based on ability to pay. "Unlimited care for everybody," then figuring out how to pay the bills is not likely be a sustainable model.
post #1209 of 5111
Thread Starter 
Quote:
Originally Posted by Gibonius View Post

Being legally mandated to pay for whatever medical care your parents choose to pursue, without having any say over the care or their entire lifetime of financial choices does not seem tolerable to me. You can't inherit any other form of debt from their bad decisions, why should medical care be the exception?

"Let society pay for it" is not an ideal solution either, but putting individuals at risk for being utterly ruined by expenses they had zero say over seems worse to me. Those are not the only two solutions, of course. We could easily start actually rationing care to some extent based on ability to pay. "Unlimited care for everybody," then figuring out how to pay the bills is not likely be a sustainable model.

Did not know that was the exact case. I want that in every state as it would make my life much more profitable!
post #1210 of 5111
Thread Starter 
This is sort of interesting. A black woman in Nova Scotia filed a case with the provincial human rights commission claiming she lost her job due to, at least in part, the colour of her skin. Her suit was successful.
Quote:
Donald Murray, chair of the Nova Scotia Human Rights Commission, said in a written ruling issued this month that the non-profit organization “accepted colourist thinking” in 2006, and that Brothers’ skin colour played a part in her termination.

“Rachel Brothers lost her employment at the BEA in part because of decisions at the BEA in which her skin colour was a factor, and the problems that her skin colour created in her office for another BEA employee,” Murray wrote.

http://www.thestar.com/news/gta/2014/08/09/biracial_woman_fired_because_of_her_skin_colour_wins_human_rights_case.html

Also, would hit.

post #1211 of 5111
That's a man.
post #1212 of 5111
A black man. And you can't see his hands--oh, shit, shoot him!
post #1213 of 5111
Thread Starter 
I'm a little disappoint in you all as no one read the link obviously. She lost her job because she was not black enough. Where was the outrage?
post #1214 of 5111
The white man always keepin' Brothers down!
post #1215 of 5111
Thread Starter 
Quote:
Originally Posted by Connemara View Post

The white man always keepin' Brothers down!

Still disappoint. It was other black folk that didn't find her black enough to represent the Black Educators Association.
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