Re: No retirement

["Carl Galgano" <cgalgano@xxxxxxxxxxxxxxxxx>]

Hank:
In my opinion this should not be the concern of the government or even any
organization (ie your employer) to provide for our retirements.  It should
be totally left up to each individual to provide for ones own support during
and after one career.  I for one do not calculate even one penny in SS
benefits when I plan for my retirement.  It is my responsibility solely.
Just my opinions.
Carl
-----Original Message-----
From: HankHeath@aol.com <HankHeath@aol.com>
To: MIDRANGE-L@midrange.com <MIDRANGE-L@midrange.com>
Date: Wednesday, November 25, 1998 11:45 AM
Subject: No retirement


>I've been reading recently that a lot of the baby boomers in the U.S. are
>coming to an astounding deduction: they may not be able to retire.
Government
>assistance such as Social Security is unsupportable and too little, too
late.
>The baby boomer generation has had to speculate on real estate, which has
not
>shown the returns they need to settle into a retirement home. They have had
>children late in life, whom they now have to support through college and
more.
>Pension plans  and savings have not been well managed. Inheritances are
over-
>taxed. In other words, there is little left to take to the sunny beaches of
>retirement.
>
>For a person like my self, this is not a major problem. I have always loved
>work, and planned to stay on board until someone kicked me out of the
>organization. However, I am curious as to how this retirement scenario is
>viewed by Midrangers? What do you folks plan on doing?
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