[FairfieldLife] RE: A Guaranteed Income for Life
However, with Quantitative Easing going on, and the government printing $85 billion a month, the money we receive is becoming worth less and less.
Re: [FairfieldLife] RE: A Guaranteed Income for Life
With Social Security you get a cost of living increase most years; you don't get that with an insurance annuity, or from a bank savings account, and not from burying your gold in the back yard. It's a no-brainer. On 12/10/2013 9:26 AM, doctordumb...@rocketmail.com wrote: However, with Quantitative Easing going on, and the government printing $85 billion a month, the money we receive is becoming worth less and less.
Re: [FairfieldLife] RE: A Guaranteed Income for Life
Sadly a lot of people who planned to take SS at age 70 for the full benefit were forced take it at an earlier age. Some of these were even people who should have had no problem finding work up until 70 if not beyond. That's how screwed up everything is. On 12/10/2013 11:00 AM, Richard J. Williams wrote: With Social Security you get a cost of living increase most years; you don't get that with an insurance annuity, or from a bank savings account, and not from burying your gold in the back yard. It's a no-brainer. On 12/10/2013 9:26 AM, doctordumb...@rocketmail.com wrote: However, with Quantitative Easing going on, and the government printing $85 billion a month, the money we receive is becoming worth less and less.