Patriotic Retirement Plan Would Solve the Nation's Woes

Janna,

Sounds simple in theory and would probably work temporarily.  Then they all end up buying houses they can't afford, blow their retirement funds too early and we have 40 million people on government assistance and 40 million foreclosures added to the mix.

This is so cute!! Amazingly...it is probably also true.

BTW...thanks for your comment on my most recent post. It has been a difficult few months...but I'm not giving up. ~GBU~

Interesting....as a 53 year old I would buy the car, pay off the house, put the rest in the bank and, oh ...buy a short with palm trees all over it and drive slow with my turn signal on, play lots of golf.... and .....wait I already do one of these!

Janna,

I'm not a pessamist I'm a realist and anything makes more sense than what they've done so far.  I was just giving you a hard time.  I think they should give all us 30 somethings a million dollars to start a business venture.  Imagine the number of jobs that would create.

Janna, ok, sign me up. I will certainly buy an American car, I will do all sorts of smart things like put the rest away in my mattress in a bank. Oh, we are the same age, almost. I think I am 52, going on 53? I have to check, LOL. Those numbers mean nothing to me.

I got that in my email, too. There's at least one problem wrong with the scenario: 50 is too young to retire, even with $1 million. In fact, I'm 54, and I would not retire for a mere $1 million because that would probably only allow me to live in San Diego until the age of 60, maybe 65 if I'm lucky. Then where would I be? No one is going to hire a 65-year-old white guy, so I'd be on the public dole. I'm not willing to go that route. Now if, by "retire," they mean that I simply have to quit the job I'm in, I'd certainly take the million dollars, quit, take a 30-day vacation, and then start a new company and go back to work.