The US government has $2.7 trillion dollars in Treasury bonds for the Social Security system that Congress does not want to cash in. Individuals are being asked to make up the difference instead of the US government cashing in the bonds. Sorry, that money came from individuals and should be returned to them.

A person mentioned that government employees get to retire with "full medical benefits". That is not entirely correct. While still working, the government will pay a specific amount for healthcare coverage, the employee pays the remaining amount. So if there is an increase in the healthcare premium, it is the employee ...more

I retired from a full time job at 54 (after 28 years), but I work parttime even though I have no debt. Most of the investments went down in the last few years. My wife is trying to retire next year, but I am not sure I will ever be able to fully retire. To quote a bumper sticker " Every time I get near the goal post, s...more

So as baby boomers, we didn't save enough nor do we spend enough. Now he is upset because he will have to help pay for it. Most baby boomers have been investing for many years. Now most of the pensions no longer exist. Most companies and governments want to have employees on a 401 K plan that is at the mercy of the sto...more

People go to college for their own reasons. A person in high school might be a very good carpenter. Eventually this person may decide to open their own business. They might be successful on their own or decide to obtain a business or accounting degree to help them with the business aspect. Many times it is the skills d...more