DwightG wrote:
I'll be 55 in a couple of months and I don't have much hope of seeing any of my "investment" (spit). I've wanted to opt out of the ponzi scheme ever since I started working but NOOOO! can't have that. At least then I would have had a better chance of providing for my own retirement.
Well,
There are certain professions that are exempt from paying SS taxes. Ministers/pastors/priests/rabbis, for one.
Nor do the Amish.
"Life is a bitch. Shit happens. Adapt, improvise, and overcome. Acknowledge it, and move on."
The danger is what to do with the dollar? I mean you can save it but if hyper-inflation happens and I think that likely since you cannot pump trillions into the system and not have each one worth less. So, if you have funds in a retirement accounts and the dollar is going down 20% a year, what do you do? Now some things will have value and it usually land, food guns ammo, my choice gold, silver too. But what else. And than the event can start a downward cycle if people started to pull funds from accounts from all of their assets. You know the Feds would step in, now that day will be real spooky.
