The Profit Prophet

Remember, not only did you contribute to Social Security but your employer did too. It totaled 15% of your income before taxes. If you averaged only $30K over your working life, that's close to $220,500. If you calculate the future value of $4,500 per year (yours & your employer's contribution) at a simple 5% (less than what the govt. pays on the money that it borrows), after 49 years of working you'd have $892,919.98. If you took out only 3% per year, you'd receive $26,787.60 per year and it would last better than 30 years (until you're 95 if you retire at age 65) and that's with no interest paid on that final amount on deposit! If you bought an annuity and it paid 4% per year, you'd have a lifetime income of $2,976.40 per month. The folks in Washington have pulled off a bigger Ponzi scheme than Bernie Madhoff ever had. Entitlement my butt, I paid cash for my social security insurance!!!! Just because they borrowed the money, does...

Subject: Letter from Management Dear Employees, Due to the current financial situation caused by the slowdown of the economy, Management has decided to implement a scheme to put workers of 40 years of age and above on early retirement. This scheme will be known as RAPED (Retire Aged People Early Departure). Persons selected to be RAPED can apply to management to be eligible for the SHAFTED scheme (Special Help After Forced Termination Earnings Disbursement). Persons who have been RAPED and SHAFTED will be reviewed under the SCREWED program (Scheme Covering Retired Early Workers Earned Disposition). A person may be RAPED once, SHAFTED twice and SCREWED as many times as Management deems appropriate. Persons who have been RAPED can only get AIDS (Additional Income for Dependents & Spouse) or HERPES (Half Earnings for Retired Personnel Early Severance). Obviously persons who have AIDS or HERPES will not be SHAFTED or SCREWED any further by Management. Persons who are ...

In all our lives, we go through periods where a little advice might have come in really handy.  Sort of like a "cliff-notes" for getting by or little phrases that help us look at our situation differently.  Hopefully, these 41 quips help you in some way? 1. Life isn't fair, but it's still good 2. When in doubt, just take the next small step. 3. Life is too short to waste time hating anyone. 4. Don't take yourself so seriously. No one else does. 5. Pay off your credit cards every month. 6. You don't have to win every argument. Agree to disagree. 7. Cry with someone. It's more healing than crying alone. 8. Save for retirement starting with your first paycheck. 9. Love your parents because they will be gone before you know it. 10. Make peace with your past so it won't screw up the present. 11. It's OK to let your children see you cry 12. Don't compare your life to others'. You have no idea what their ...