What’s Your retirement Plan — Here’s One Guy’s Solution

06/11/2009 by: RP

You can read the CNN story here:

A 63 year-old man was sick of the minimum wage jobs and age discrimination in Ohio … gee, we don’t any such thing as age discrimination here in the US, now do we asks your innocent 61 year-old scribe … and was not eligible for Social Security benefits until age 66, three years from now, so he devised a novel “bridge plan”.

he walked into a bank, demanded money from a teller, how gave him a whole $80 and tripped the silent alarm.  The man then handed the money to a bank security guard and sat down to wait for police.

It must have been really comical at his trail to hear the prosecutors debating with the judge about not giving him a jail term, because they were just that PO’d that the man feared a destitute life sleeping on the side walk more than getting three squares a day, a warm bunk and all the TV and law library he could stand in what constitutes most American prison.  He’ll probably come out qualified as a paralegal and push back his Social Security.

The judge in the case did, finally, “grant” the man his wish of three years in jail, stating that she didn’t agree with his choice.  Of course she didn’t, she has a guaranteed income for life and has probably never been poor a day in her life.

Because many of my readers are on line and thus by general demographic are young, let me give you this little tip … you better plan now as to how you are going to spend your retirement.  And you had better not plan on Social Security and not plan on a fat pension from a big company, because those old standbys may well be gone by the time you get in striking range. 

Either that or watch lots of bank robbery movies so that you get more than $80.

Related posts:

  1. Retirement Pay — Give It All Back?
  2. TSP — Thrift Savings Plan — Division and Conservation
  3. Investing for your Retirement
  4. A Few More Thoughts On Reserve Component Retirement
  5. Military Retirement — Special Six-Part Series — Part 1 — 20 Year Retirement

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