300,000 are retiring each month - and leaving the workforce

[drivebymedia]

10,000 Boomers to Retire Each Day for 19 Years

CHICAGO — Through a combination of procrastination and bad timing, many baby boomers are facing a personal finance disaster just as they're hoping to retire. Starting in January, more than 10,000 baby boomers a day will turn 65, a pattern that will continue for the next 19 years.

Read Latest Breaking News from Newsmax.com http://www.newsmax.com/newsfront/retirementcrisis/2010/12/27/id/381191#ixzz2apYfHat2


They thank god they have Medicare and ACA to cover them.

 

[drivebymedia]

10,000 Boomers to Retire Each Day for 19 Years

CHICAGO — Through a combination of procrastination and bad timing, many baby boomers are facing a personal finance disaster just as they're hoping to retire. Starting in January, more than 10,000 baby boomers a day will turn 65, a pattern that will continue for the next 19 years.

Read Latest Breaking News from Newsmax.com 10,000 Boomers to Retire Each Day for 19 Years


They thank god they have Medicare and ACA to cover them.

Many left part time jobs, and after 6 months, want back into the workforce part time.
Many others don't want to return to the workforce at all.

 

[Moonglow]

ACA will not cover those with medicare-duh! And the seniors will still need supplemental health care coverage.

 

[testarosa]

http://www.nytimes.com/interactive/2011/02/04/business/aging-population.html?_r=0

 

[CrusaderFrank]

Remember kids, Democrats believe that ATM machines hurt the Obamaeconomy and unemployment stimulates the Obamaeconomy

If you're sane stand on your head to understand Democrats logic

 

[testarosa]

Everyone should be buying long term care insurance.... self reliance and asset protection. Its a shocker when a situation happens and you get to spend down your assets for gubbamint assistance.

 

[drivebymedia]

ACA will not cover those with medicare-duh! And the seniors will still need supplemental health care coverage.

Is that why FOX NEWS and tea party have convinced the old folks to whine against ACA? - duh!

 

[drivebymedia]

Remember kids, Democrats believe that ATM machines hurt the Obamaeconomy and unemployment stimulates the Obamaeconomy

If you're sane stand on your head to understand Democrats logic

Got a link for that one?

 

[testarosa]

Community Living Assistance Services and Supports Act - Wikipedia, the free encyclopedia
CLASS Act - Information on the federal CLASS long-term care insurance program
Class act was not fiscally possible.

Aka rainbows and unicorns.

Take care of your own self.

They aren't going to do it.

 

[Moonglow]

I'm headed to the veterans retirement home when the time comes. so what if it's the govt. it comes with the contract I fulfilled.

 

[testarosa]

I was referring to medicare/medicaid aca

 

[Avatar4321]

Why on earth are we happy that people who could otherwise be productive in our society are no longer working? Why is that a good thing?

Why is it good that our government is taking care of people who choose not to work?

And we wonder what's wrong with our society

 

[testarosa]

It's not a good thing. But there comes a point when people can no longer work and the sheer number of people in that group creates a many problems for which there is no current solution. Hence I advocate for self reliance and personal planning.

 

[bripat9643]

10,000 Boomers to Retire Each Day for 19 Years

CHICAGO — Through a combination of procrastination and bad timing, many baby boomers are facing a disaster just as they're hoping to retire. Starting in January, more than 10,000 baby boomers a day will turn 65, a pattern that will continue for the next 19 years.

Read Latest Breaking News from Newsmax.com 10,000 Boomers to Retire Each Day for 19 Years


They thank god they have Medicare and ACA to cover them.

Actually they don't. Both programs are doomed to blow up. retirement is going to be a cruel surprise for a lot of people.

 

[Moonglow]

It's not a good thing. But there comes a point when people can no longer work and the sheer number of people in that group creates a many problems for which there is no current solution. Hence I advocate for self reliance and personal planning.

medicare and social security is for future planning.

 

[Moonglow]

10,000 Boomers to Retire Each Day for 19 Years

CHICAGO — Through a combination of procrastination and bad timing, many baby boomers are facing a disaster just as they're hoping to retire. Starting in January, more than 10,000 baby boomers a day will turn 65, a pattern that will continue for the next 19 years.

Read Latest Breaking News from Newsmax.com 10,000 Boomers to Retire Each Day for 19 Years


They thank god they have Medicare and ACA to cover them.

Actually they don't. Both programs are doomed to blow up. retirement is going to be a cruel surprise for a lot of people.

wanna make a bet?

 

[testarosa]

Mmmmm hmmmmm

 

[depotoo]

10,000 Boomers to Retire Each Day for 19 Years

CHICAGO — Through a combination of procrastination and bad timing, many baby boomers are facing a disaster just as they're hoping to retire. Starting in January, more than 10,000 baby boomers a day will turn 65, a pattern that will continue for the next 19 years.

Read Latest Breaking News from Newsmax.com 10,000 Boomers to Retire Each Day for 19 Years


They thank god they have Medicare and ACA to cover them.

Actually they don't. Both programs are doomed to blow up. retirement is going to be a cruel surprise for a lot of people.

wanna make a bet?

might want to think twice about that statement -
Retirement Research Centers, Social Security Admin: Changing Retirement Security - C-SPAN Video Library

 

[Unkotare]

And it's only going to get worse. Thanks a lot FDR, you scumbag.

http://www.usmessageboard.com/polit...-of-the-population-explosion.html#post7631042

 

[Avatar4321]

It's not a good thing. But there comes a point when people can no longer work and the sheer number of people in that group creates a many problems for which there is no current solution. Hence I advocate for self reliance and personal planning.

If you reach a point where you can no longer work, that's one thing. but that's not this.