Forum Discussion
tomman58
Mar 11, 2013Explorer
LindsayRichards wrote:
Gosh, I never said the city of Detroit owned the Newspaper. I was just surprised they had stayed when over half the people and most of the businesses had left already. They are bankrupt right now and the State has taken over the fiscal management of the city. Not aware of any formerly great city this has ever occurred in. The WSJ quoted reliable sources also. You should try actually reading the article. Be informed. Having never signed the front of a paycheck, I knew you wouldn't grasp the fact of the total cost of having an employee. Wouldn't try to begin to explain it to you. You are happy thinking the hourly wage is all the employer has to pay. Great, Good for you. Never said I saved 15% for 40 years. I said I paid that and we all did. (actually 10% is what I saved) and it yields 2.5 times social security and it has equity. Look it up on a time value of money calculator available for free on the web. Social Security is a bad deal. Sorry, but it is.
LR as I stated I took the WSJ for ten years and it was never anything but a right leaning rag in most respects. I only did financial info from it.
I said "IF" you saved ............
Also wrong on the signing the checks been there did that.
SS is only a lesser deal do to the yes found for the money by the congress. Granted if it were a locked box we would be riding high now. It still is the best deal a lot of folks have.
Sorry thing have not worked always in your favor. I was told in 1967 by my journeyman to live on 35 hours pay (this was our standard work week). I did this and even lived on 28 hours pay every 2 weeks when I had a school day. LOL. I retired at 59 and was glad to be done with work so I managed my stocks and mutual funds for fun and profit. I am glad to see that SS check show up in my account and my wife's the following week.
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