[Winona Online Democracy]
In my opinon anyone who depends on SS as their
only form of income upon retirement is not being realistic.
I certainly don't have all the
answers, but being self employed makes one realize that savings is a must for
retirement. We have no 401K to fall back on. No pension funds.
Speaking of which I have a friend in
Detroit who works at Ford. Her husband works at Ford too in the security
department. The security department was given their 2 week notice that
Ford is now going to use Rent a Cop. Any pensions that were due these
people are no longer.
Doesn't sound fair, doesn't sound right but that
is what I was told.
Now this family and many others have to
wonder how they are going to be able to afford to retire.....
Linda Fort
Keep away from
small people who try to belittle your ambitions. Small people always do that,
but the really great make you feel that you, too, can become
great.
[Winona Online Democracy]
Social security is not in need of radical reform. Merely
extending the amount paid in to exceed the present $89,000 cap will solve most
social security problems. If you want to solve the medicare and medicaid
problems, it is another story and is in need of radical reform.
Individual accounts will not solve any of the above problems. Individual
accounts can be better handled thru our present 401K and other self managed
savings accounts.
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