Milton Berle was asked when he was going to retire. His answer: "retire to what?"
I feel the same way. arthur cordell -----Original Message----- From: Timework Web [mailto:[EMAIL PROTECTED]] Sent: Friday, August 02, 2002 11:35 PM To: [EMAIL PROTECTED] Cc: [EMAIL PROTECTED] Subject: Re: FW: is there a silver lining to forced delayed retirements? Rethinking retirement is a good think if it also triggers a rethink of work. It's not that the U.S. can't afford retirement. It is that it can't afford it under the current rules. I'm 54 and have no intention or prospect of retiring until or unless I become totally incapacitated. I didn't lose a cent during the stock market decline and I won't lose a penny if the NASDAQ, Dow and S&P combined continue to fall to zero. I also have no intention of working 50 or 60 hours a week to build up my pension. I want to work 15 or 20 hours a week doing work I'm qualified to do and enjoy doing. The Golden Age retirement myth was a swindle in more than financial terms. It persuaded people to surrender their personal integrity and freedom in return for a day in future when they would be completely free. Pie in the sky, it fostered a poverty of culture far more corrosive than any culture of poverty the welfare reform intelligentsia would have us believe in. > As a society, America needs to have people pay for more of their own > retirement -- as opposed to having someone else pay. No doubt the stock > market's decline has decimated the savings of some retirees and > near-retirees. But their misfortune suggests precautionary lessons. > Saving earlier and working later are ways to cushion the risks. Nudging > us in that direction, the market slump has performed a painful favor.
