Thanksgiving is over and now it is off to Christmas. Before you know it, it will be New Year’s Day. Where did all the time go?
Funny how your mind works, but twenty years ago I never envisioned living in the year 2009. Actually, I never envisioned being over sixty-years-old… but here I am and I’m still not retired.
Several years ago I looked forward to the day I could retire. Hah, that didn’t happen. I must have been having pipe dreams, thinking I could retire at age sixty-two.
Who can afford to retire now in this messed up economy? Besides, for me, a very large part of my retirement money was lost in the stock market through retirement annuities – and get this: in over just one week before I could move the money into an account.
I’m lucky, though, because some people I know lost way more than me. The sad part is the money cannot be deducted from my income tax. It was tax deferred to begin with. Like so many others I simply have to bear the losses.
Well, here I am working in my mid sixties and it looks like I may be working beyond. Many of my friends have been forced into the same predicament, and all because of a group of financial crooks. Yeah, I mean those crooks tried and succeeded in getting rich off us many.
They should be put in jail. Ironically, though, in our government’s wisdom, they have decided to take more of our hard-earned money and bail them out. Go figure.
Well there is a silver lining. We are all living longer now and our health is such that we can at least work well into our senior years – not that we planned it that way. But in the end it is probably better. Working past our retirement age will keep us fit and healthier than if we had retired. Some of my friends who retired are now no longer with us. Seems retiring early only hastens the inevitable.
In a way I suppose we are a lot better off than many other countries. At least in America we can retire. Some countries have no such provisions and when you are no longer able to work, you are sent to the garbage heap to die if your relatives will not help you.
Despite the economy and what has happened to millions of people’s retirement money, we will survive. It is what makes this country great. We are still the land of opportunity no matter how bad things get.
I’ll see you at the salt mine for a little while longer.