You know, it kind of burns me when it comes to pensions!! I believe statistics say that "most" persons that retire will not receive a pension!! Social Security - big whoop!! When you look at persons that work for the government - being it local, state or federal, they automatically receive a pension after 20+ years or so - which is funded by "everyone's" tax dollars.
And UNIONS - and I have worked for union electrical contractors for a long time, fund the field workers with a pension plan and an annunity on top of that!! Look at the President of the USA and Congress - one term and their set for life with a pension "and" health insurance!!! The best our money can buy too!!!!!! The major problem is that if a pension was made available to all of us - the country would go broke overnight!! Added to the almost 8 trillion debt we are now faced with - I guess there is always those that are needed to bear the "burden" so others can enjoy the "fat of the land"!! I may sound a little bitter, but hey, this is America!At least there are websites like this one where one can vent a little anger once in a while and thankfully there are people out there that do care about the "little people at the bottom" and can give a little guidance to make ones life a little better toward retirement years. I'm probably around 8 years away from retirement at 65, maybe it will be a struggle to live without "worry" all the time, but there are people that will lift you up at this station, give you a little encouragement and tell you "just do the best you can"!! So, I think I'll just bite my tounge & try to just keep saving all I can - to make it as easy on myself and my family once I have to retire - which I hope is sooner than later. I feel better already!!!! Later.
And UNIONS - and I have worked for union electrical contractors for a long time, fund the field workers with a pension plan and an annunity on top of that!! Look at the President of the USA and Congress - one term and their set for life with a pension "and" health insurance!!! The best our money can buy too!!!!!! The major problem is that if a pension was made available to all of us - the country would go broke overnight!! Added to the almost 8 trillion debt we are now faced with - I guess there is always those that are needed to bear the "burden" so others can enjoy the "fat of the land"!! I may sound a little bitter, but hey, this is America!At least there are websites like this one where one can vent a little anger once in a while and thankfully there are people out there that do care about the "little people at the bottom" and can give a little guidance to make ones life a little better toward retirement years. I'm probably around 8 years away from retirement at 65, maybe it will be a struggle to live without "worry" all the time, but there are people that will lift you up at this station, give you a little encouragement and tell you "just do the best you can"!! So, I think I'll just bite my tounge & try to just keep saving all I can - to make it as easy on myself and my family once I have to retire - which I hope is sooner than later. I feel better already!!!! Later.