Retire Wealthy Knowledge Base
When baby-boomers retire who will pay the taxes, the middle-class? the wealthy will be retired? As 77 million members of the Baby Boom generation begin to retire, America is about to experience one of the most dramatic economic, sociological and demographic changes in its history. The institutions we have relied upon in the past are completely unprepared for what lies ahead. Politicians, the national news media and the general public have become increasingly aware that our federal entitlement programs are about to be swamped. Social Security, Medicare and Medicaid have made trillions of dollars of explicit and implicit unfunded promises. In fact, by 2030 (about the midpoint of the baby boomers' retirement years), we will have to double every tax rate or cut every benefit in half. But our problems do not end there. Federal, state and local governments have made $5 trillion in promises (many of which are unfunded) to civil service workers. Corporate America owes about $450 billion in pension promises and $350 billion in post-retirement health care promises that are also unfunded. To make matters worse, the instruments we have created to help individuals save for their own retirement - principally through 401(k) accounts — are also not working well. In general, people are not saving enough, and they are not prudently investing the funds they do save. Behind our inadequate institutions are inadequate public policies. For example: * On balance, the tax law encourages current consumption, but discourages saving for consumption during retirement. * Even more important, the tax law encourages overconsumption of health care before retirement, but discourages saving for what are likely to be greater health needs later in life. * The American answer to the European-style welfare state has traditionally been employer-provided benefits. Yet: * Unwise public policies are encouraging large employers to abandon pension and post-retirement health care promises made to their employees. * Other policies are preventing employers from helping employees make their own provision for income and health care during the retirement years. * The policies that are most inadequate for the baby boomers' retirement years are those affecting early retirees. In general: * People who retire early will find that their opportunities to save are much more restricted than those available to people still in the workforce. * They will find that health insurance is not only more costly when purchased by individuals, but the insurance (unlike insurance obtained at work) must be purchased with after-tax dollars. * Once they begin drawing Social Security, they will discover that if they earn additional income, say by working part-time, they will face draconian effective tax rates - taking as much as two-thirds of what they earn. * And even if they don't work for wages, they will discover that the tax rates on their pension income and IRA withdrawals are much higher than the rates paid by younger taxpayers at the same income level.
How did the wealthy survive in upper canada during the 1800s? I have this huge progect and i recieved a role. Im an edcated retired judge, and im very wealthy. I move to upper canada during 1815-1838. How do i survive? i know how villagers survive-they grow crops and create potash. how do the wealthy survive? do i buy everything in the store or also grow crops? how do i make my home?
Where is best place to retire to in Central America ? I am 70, divorced, in excellent health but am no longer wealthy, - a victim of the down economy. Am sick of the expensive cost of living here in SW Florida and wondering if I could get by renting in Central America comfortably on my ss income of $1,800/mo, without living like St Francis of Assisi ? Cannot afford to buy a home anymore.
How do search for investors in CA ? HELP a young lady Sex her frame up!!! This is not a joke!!!!!!!!!!!!! Searching for wealthy individual to invest $$$ in sexin' my frame for consideration into the Adult Entertainment biz. I will pay you a fantastic return on the investment. First leave your name number and available hours to call and set up an appointment to discuss YOUR options. This is not prostitution..not an escort, #### star---NO WAY (Maybe you are still confused) I'm CECE I am especially looking for a wealthy sexually active gentleman. Retired or Professional is highly encouraged. His only duty is to invest initial $$$$ on my full body makeover. This will give him a huge return on the inititial investment. Let me you remind you that YOU ARE AT NO RISK. THERE IS NO STRINGS. NO OBLIGATION! Frankly I want you to be happy- There is no catch. I am a HOTT,YOUNG PROFESSIONAL LADY. KNOW THAT YOU ARE IN GOOD COMPANY WITH A SELF MADE MILLIONAIRE. Compensation: 5k Leave your number to discuss your options. & if you act now, I will treat you to a 5 star resturaunt of your choice...but you must act now. Please make your decision by December 20 at 12:00 PST in writing including your dated signature. Please have it mailed,faxed or given to me in person. Attorneys are welcome.
Would the Catholic Church see a death from taking unnecessary risks as suicide? I have two specific situations. The first involves an older man with a wife and two children that loved to race cars. He was already wealthy enough to retire but despite the known risks, continued to race cars for his own enjoyment. He was killed recently in a car race. Would the Catholic Church see this death as suicide? The second involves a younger man with a wife and two children who was obsessed with dangerous creatures. He was already wealthy enough to retire but continued to play with dangerous creatures despite the risks because it was his passion. He was killed recently by one of these creatures. Would the Catholic Church see this death as a suicide? Thank you everyone that has answered. I please ask that no reference be made to actual persons. The question is sincere. I ask it as I was recently speaking with a much older learned sincere Catholic person who remembers discussing this exact topic in group more than 20 years ago. She recalls that the Church would have called it suicide if the risks of death were known (concious), unnecessary and still the choice was made to pursue them. This in her view would have included someone who deliberately drove recklessly on the roads and someone who constantly played with wild and dangerous creatures. It then made me think and I was curious to know if this view has evolved over time to be more lenient. It is pertinant to me because I see a continuing disconnect in society, particularly with our younger generation between action and consequence and a growing disrespect for the sanctity of life. A kind of "just do it" self-rightous attitude. Thank you Mary's Daughter. From my perspective, you answer so far appears to be the most sincere and considered and helps resolve the issue for me. I will most probably give you best answer soon, but wish to leave a little bit more time for some more considered answers. Bless you too. On depression the CCC says "Grave psychological disturbances, anguish, or grave fear of hardship, suffering, or torture can diminish the responsibility of the one committing suicide." But given that the CCC also says, "Suicide contradicts the natural inclination of the human being to preserve and perpetuate his life. It is gravely contrary to the just love of self. It likewise offends love of neighbor because it unjustly breaks the ties of solidarity with family, nation, and other human societies to which we continue to have obligations. Suicide is contrary to love for the living God." Does a "devil may care" or "at least I will die doing what I love" attitude knowing the risks full and well count as suicide? Putting a gun to one's head may well be suicide, dying from Russian Roulette when using only one loaded chamber of a six-chamber gun may be suicide, then isn't taking unnecessary unproductive risk to life also risking suicide even if it is a 1-million chamber gun? My Catholic friend just added, "it appears to be an immortal attitude, that is some people, groups, cultures appear not to have any respect for their mortality.".
How can I become Wealthy? I am 20 years old. I am living in Norht America right now.(USA) i make 15k a year. I finished High School. I play in a band (for church) i work for a company that i dont think i can grown in. im young and in look for advice on how to become wealthy. My passion is "Music" but in the long run it might not leave me enought to retire...(I will do what i love) I want to go back to school to get an associates or a bachelors but i cant right now because of financial reasons... yup Im not looking for a get rich quick thing...
Can you convince me to stay...? ... I own a manufacturing company here in the United States.All i hear is how i'm screwing the little guy.You want more of my LIMITED profit in taxes.You want to punish me with a "sucess tax" for being good at what I do.You revile me and what I stand for(i am an evil industrialist).Why would I want to stay in the United States.I have the option to sell out and retire as a wealthy man.Problem is that when I liquidate,the jobs are also liquidated.I don't understand your reasoning. Chi Guy, Even though I'm an evil industrialist as well as a Republican (gasp!) cutting salaries is not an option.Every employee I have contributes to the sucess of my company.I will never force a pay cut down their throats.I and the rest of America have no control over the costs associated with overhead.We do however,have a limited amount of control over taxes,through our vote.May not seem like much but every now and again we can effect change to our nations fiscal policy.What the American people have got to understand that you do not hinder the economic engine of this nation.We of corporate America are paying the wages to Americans. If corporate America reaches a point of non-sustainability,then the nation as a whole will suffer.
Does the US tax law provide an economic incentive for its wealthier citizens to expatriate? Assume that 1) a person has several million dollars and wants to retire, 2) they probably have 30 years left to live, 3) their investment style is such that the majority of their future income would come from long-term capital gains. Given these assumptions, wouldn't it make sense for that person to acquire citizenship in a country that has no capital gains taxes (e.g. Switzerland, New Zealand, etc) and renounce their US citizenship? Without capital gains taxes, assuming a 9% annual return, each unspent $1m would grow to $1m x (1 +9%)^30 or $13.27m in 30 years. With a 25% cap gains tax, each million would only grow to (1 + 9%(1 - 25%))^30 or $7.10m. It seems to me that such an individual would gain another 87% (13.27 / 7.10 - 1) in long-term investment earnings simply by changing their citizenship. If this is true, it would seem to provide wealthier US citizens a compelling reason to take their money elsewhere which would hurt the US economy in relative terms. Is this correct?
Why is it every time a politician is caught in a scam they start dumping thier soul.? Mr. Foley seems to have been molested as a child by his church leader. How is that supposed to make it ok to write ludicrous e-mails to a teenager. He was having a good old time, now all the sudden he is like a deer caught in the head lights. Do you think he will retire a wealthy politician? He kind of reminds me of Jimmy Swaggert who was caught several years ago with a prostitute.
Why do liberals ignore the facts about our deficit? They believe it when the media spins it? Deficit Deceptions By INVESTOR'S BUSINESS DAILY | Posted Friday, June 15, 2007 4:20 PM PT Journalism: President Bush has been criticized unmercifully by politicians of all stripes and media of all types for failing to rein in federal spending and letting deficits "soar." But is the criticism fair? ________________________________________ ________________________________________ The answer, in a word, is no. It's fashionable these days, for Democrats and even some Republicans to style themselves as "fiscal conservative" to advocate the end of government red ink. Some of them mean well, to be sure. Certainly, no one wants to see a budget deficit forever — or one that expands to a point that it impairs our government's ability to function. But we're so far from that right now it's easy to think those who push for the immediate elimination of the deficit have another agenda entirely. Unfortunately, it's hard to have a rational conversation about it. It never comes down to facts, of which there are plenty, but to fears, of which there are always more. Let's start with facts. Last year, the deficit hit $248 billion. Sounds like a lot, but in a $13.6 trillion economy, it's not. It's the equivalent of a $900 dollar credit card charge for someone with a $50,000 income. As a share of GDP, the budget deficit last year was 1.9%. That's down from 3.6% in 2004 and below the long-term average of 2.5%. This year, says the CBO, the deficit will be about $177 billion, or 1.3% of GDP. If current trends continue, the deficit will be erased by 2010-2012 at the latest. By the way, those "surpluses" in the final years of the Clinton administration were a fluke. If you don't believe it, go back and look at the Clinton administration's own forecasts. They never saw the surpluses or record tax revenues coming. They were a creation of an unusually powerful upswing in the economy, pushed by a number of factors: Fed interest-rate cuts, the advent of the Internet and the boom in Big Box discount retailers, such as Wal-Mart. It was a perfect storm of economic growth. Those who accuse President Bush of "spending" the surpluses and creating "soaring" deficits miss the point. Bush took office just as both the stock market and the Internet boom were collapsing, taking the economy with it. As we've noted before, the stock market alone suffered losses of more than $7 trillion. The negative wealth effect from that hit alone was enough to tank the economy. The year 2001 was one of both recession and a major terrorist attack on our nation, which killed 3,000 people and destroyed hundreds of billions of dollars in potential output. Let's go to logic 101: Given such a situation, what should Congress and the president do? Sharply cut spending to ensure that the deficit remains small, and risk sending the economy into a tailspin? Or keep spending, and maybe even increase it a bit, knowing full well that any discretionary spending that was made today can be cut tomorrow? No, we don't like pork-barrel spending. Nor do we like big government, an issue we've written much on in the past. That said, does the spending of the past six years really constitute unusual "big government?" We would argue, no. Using the most meaningful measure of the size of government — spending as a share of GDP — we see that in fact we're today right where we were in 1996 — about 20.3% of GDP. And it's declining. This year, spending as a share of the economy is expected to fall to 19.9% of GDP. If you look at the chart, you'll note that's actually below the average of 20.7% of GDP since 1970. Spending boom? Hardly. Then where did the deficits come from? As we noted, the economy's decline in 2001 had a far bigger fiscal impact than first thought. Revenues in 2000 were 20.9% of GDP; by 2004, they had plunged to 16.3% of GDP, lowest since 1959. This year, revenues returned to 18.6% of GDP, above the long-term average of 18.2%. So it was falling revenues, not higher spending, that caused the deficit. It may well be that by keeping spending within its normal range as a share of the economy, Bush kept a mild recession from becoming a very nasty one. For those who argue the deficit is such a bad thing that we need to raise taxes to get rid of it, this too is wrong. As Nobel-winning economist Edward Prescott has noted, workers are highly sensitive to tax rates. They work and earn more when rates fall, less when they rise. It's common sense. That was the choice President Bush faced in 2001. Keep spending money during a time of extraordinary uncertainty, and cut taxes. Or do nothing or even boost taxes and risk the consequences. Given the current five-year boom we're in, he chose wisely. As we noted before, an extensive analysis by the Heritage Foundation found President Bush's tax cuts each year boost real GDP by $75 billion, employment by 709,000 and real personal income by $200 billion. The benefits are huge and ongoing. Are we Pollyannas about deficits? Not at all. Long term, we agree there's a problem. It's a result of entitlement spending. If we don't control that, we're in big trouble. In just the next 10 years, Medicare and Social Security costs will jump from 8.5% of GDP to 10.7%, as 76 million baby boomers start to retire. We have to fix that — something, by the way, Bush tried to do but got little help. Still, we've had deficits in 24 of the past 27 years. During that time, real GDP has grown 122% to $11.5 trillion, 46 million new jobs have been created, bank interest rates have fallen from almost 20% to about 8%, 42 million new homes have been built and per capita incomes have almost tripled. In short, none of the dire things predicted about deficits came to pass. We're the wealthiest country in history, and we're putting more distance between us and our nearest competitors each day.
Does anyone know anything about all these "work from home systems"? I have seen many adds touting "my system" which will allow you to: Replacing your current household income within 90-120 days. Doubling your current income within 6 months. Turning your current annual income into a monthly income within one year. Retiring wealthy within 4 to 5 years. Does anyone know anything about these, and are there any out there that are really legitimate? What are these systems really all about?
number of hours an African Grey can/should be left home? My husband and I are planning on getting an African Grey Parrot soon, as I had one growing up and I do have quite a bit of experience with birds. (I work for an avian vet) I know of all their requirements-diet, toys, cage size, etc, and am aware of them needing a great deal of attention. . . this is where my question lies, however. Some bird owners I have spoken to seem to have the idea that an African Grey should not have to be left alone while the owner(s) are at work, and that they will feather pluck if left unattended for any period of time. My question is, does this mean that nobody should get a Grey unless they are retired or independently wealthy?? I mean, most people DO have to go out and earn a living, but I have been made to feel guilty be some for the mere idea of purchasing a parrot. I actually consider my schedule quite good. . . . I work 4 long days a week and I am off weekends and one full day during the week. So I have three full days off. (will cont. below) My husband works five regular 8 hour days, so basically four days a week the bird will be home for 8 hrs and will see my husband for a short time in the afternoon when he comes home on lunch. The other 3 days he will be with us all the time. . .only time he won't is if we go out on a weekend to a movie or shopping. And the bird we would get would be a baby so I am assuming he will get used to our schedule from the beginning. . . .not as if he'll have us around all the time and then lose us. Just wondering if I should be concerned. (I should mention that we looked into other parrots and the Grey is absolutely what we want; not another type) And please no nasty answers! Not looking for people to beat me up over my choices ; ) Thanks
How do I ask my wealthy grandfather (who I barely know) for money to pay my student loans? I'm graduating law school with 100,000 in student loan debt. I would like to work public interest but since those jobs pay so little I'll have to take a firm job to pay off the debt. I'm thinking of asking my grandfather (who is retired and very very rich) if he'll pay for some or all of my student loan debt. One problem: I only talk to him once a year and we're not very close. How should I go about it?
How to be a millionaire? Okay, maybe a naive or cliche question for someone with next to nothing his whole life, but, very capable and driven. What is the best way to make your millions and retire early i.e. jobs, investments, etc. What is it that the wealthy know that the rest of us don't. Serious answers only please.
Wealthy banker called me into his office (when I was trimming bushes in his garden)? and notified me that all three his daugters fell in love with me. All three his daugthers are young and beautiful, Mary has PhD in business, Bekki is about to get PhD in political sciencies, and Eva is about to graduate from university (she is the youngest). Mary enjoys plaing tennis, Bekki plays soccer like a pro, and Eva is a star in university voleyball. They are know to spend a lot of time discussing other sports and are of oppinion that men should regularily drink beer in company of their friends. The banker also mentioned, that in case I marry one of his daughters, he will hand me $10,000,000 worth of stock, retire and make me the president of the bank. In case I refuse he would be forced to find another gardener. Should I propose to one of his daugthers, or stick with my current girfriend next door?
What did my dad mean when he wrote me this letter? Brian boy, Good @ naaalala mo ako, Brian boy, so many times i keep on telling you to priorities things in your life. I wonder kung nagawa mo it seems u r so compuse with ur life, i feel sorry for u na hindi mo madigest ang mga paalala ko sa iyo, Brian boy spare some time by yourself, concentrate deeply, clear your head & think, evaluate things, ask ? what have i done with my life for the past _________? how did i reciprocate with my family who never gets tired of sharing almost everything, love, affection, trust, time, money and endless hope of success. Brian boy, you never value most of the things we"ve done, it hurts but that's how we feel by the way you react. I hope you will be better & focus to what you really want's to be & be realistic ,honest, attainable, workable. Nahihirapan na akong makicommunicate sa iyo parang nag iba na mga prequency natin, naging malabo na ako sa iyo, & no matter na kahit ano pa ang ipakita namin sa iyo ay bale wala lang. Remember, i was so sick & i have to depend with other people without any knowledge how togive me a shot & medications. Okay lang yon, kaya nalaman ko nagbago ka na, maraming instances, magpapadrive ako sa iyo, kailangan pa makiusap ako, pagmaynasabi ako na it's for your own good at hindi mo gusto you just walk away, hindi mo na naisip na it's for your own good ang sinasabi ko. Mga binibili ko sa iyong supplies mo you dont care hindi alam na pinaghihirapan kong bilhin ng unti unti at ayusin sa box na halos hirap na hirap kong mabuo at mapadala sa iyo, pagbukas mo that's it hindi mo man lang naisip how did i pack & send u all those things alam mo naman may sakit ako at wala naman akong kasama dito na makatulong sa akin. Hinahanap ko lang ang gratitude mo sana & pagpapahalaga sa pinaghirapan kong maipadala sa iyo. Brian boy, sana makausap kita ng maayos bago ako tuluyang matepok, naaawa ako sa iyo dahil mapakaraming alas mo or qualities na hindi mo mautilized for your success in life. when u reach my stage of life & u think of the past u'll have all theb regret's in life, magisip kang mabuti habang may kapiraso pa akong hininga at sa guideline of success in life ay matulungan kita. All my experiences, hard work, frustrations, glory in life, recognitions, fame, wealth, marriage & downfall ay mapapagaralan mo para for your own successful journey to old age & retire wealthy, comfortablly & loved by everyone. lastly, concentrate finding a job, gamitin mo mga taong kakilala dahil ang job ang stepping stone mo. Walang lalapit sa iyo kaya kumilos ka na at ask around, wasted time will never come around, always put in your mind time is gold & gold is money & money is life. So be it! Read this ng paulit ulit & KEEP THE MOST OF IT '''''''''''''''''''----- Original Message ----love TA T A N G 2007 . . . . . . . . . . . . . . . . . . . . . From: "Diosdado Brian III, A. Galang" <bg591979@yahoo.com> To: chitogalang6@yahoo.com Sent: Wednesday, September 12, 2007 11:27:45 PM Subject: hi tatang dear tatang, i am in need of money for our second baby's delivery this november 22, 2007. board exam is on december 5. i already enrolled in a review center in cabanatuan. due to lack of resources i am forced to study in cabanatuan for the board exam.its baby lucy's1st birthday on november 24th. i ain't got a clue yet where on earth would I be rich enough to provide this. hoping you would slip me a benjamin once in a while. your son, Brian_G. -------------------------------------------------------------------------------- Need a vacation? Get great deals to amazing places on Yahoo! Travel. -------------------------------------------------------------------------------- Shape Yahoo! in your own image. Join our Network Research Panel today! Yeah, illiterate I noticed that too. He was born were computers did not exist. He is just catching up in his 50's. And oh he has actually one eye still functioning. And it was glaucoma and cataract because of diabetes that he can't read, write, type nor drive. That is our second language, Filipino.
Does conspiracy run in the Bush family? Or is the world crazy? I remember George Bush senior talking about a new world order ina speach and how George Bush Jr. has done multiple questionable things and now to add to the Bush family legacy check this out; http://en.wikipedia.org/wiki/Business_Plot The Business Plot, The Plot Against FDR, or The White House Putsch, was an uncovered conspiracy involving several wealthy businessmen to overthrow President Franklin D. Roosevelt in 1933. Purported details of the matter came to light when retired Marine Corps Major General Smedley Butler testified before a Congressional committee that a group of men had attempted to recruit him to serve as the leader of a plot and to assume and wield power once the coup was successful. Butler testified before the McCormack-Dickstein Committee in 1934 [1]. In his testimony, Butler claimed that a group of several men had approached him as part of a plot to overthrow Roosevelt in a military coup. One of the alleged plotters, Gerald MacGuire, vehemently denied any su
Which of the following people would we expect to be hurt by an increase in the rate of inflation from 3 percen Question: Which of the following people would we expect to be hurt by an increase in the rate of inflation from 3 percent to 6 percent? a).A homeowner with a $50,000 fixed-rate mortgage on his home. b).A retired person who receives a monthly pension of $500 from her former employer. c).An automobile worker with a cost-of-living provision in his employment contract. d).A wealthy individual who owns corporate bonds that pay her an interest rate of 8 percent per year.
I have £300,000 cash at age 35. Can I retire yet? I have £270K in cash and investments, and £30K in a pension. I do not own a property (so I rent). I'm 35 years old. I live in Hampshire, UK. I have no dependants or partner, and it is unlikely I will have children. Am I wealthy enough to retire yet? What sort of lifestyle would I have if I did so. How much more money would I need to have a decent "retirement" on, say, £15K per year index linked for life? Buy a house? At today's prices! I would have to be mad. Oh - I already am. Hmmmm. Why should I consult a financial advisor when I recon I'll get MUCH better advice from all my dear friends here on Yahoo Answers. Ahhhh. (Maybe I need to get out a bit more). Janine really! that's not a very nice thing to say. There's plenty of people on Yahoo who are wealthier then me I'm sure. I'm expecting some answers to say ha ha look how poor you are. I interviewed a bloke worth £800 million last year. Now THAT is rich. That's about 600,000 US dollars. Davey: Indeed you are right. Money does not buy happieness - I take antidepressants prescribed by my doctor. Nice bird on your avatar. I fancy pigeons. Rosey. Are you really suggesting that I should choose to have children for the sole purpose of not being lonely in my old age. That's rediculous. I am half gay, and that's the reason. I think women can smell it a mile off and keep clear. Besides I don't want kids - what single bloke does? I'm NOT bragging. Plenty of people have that sort of money, but locked up in their houses - I just sold mine when I moved, and decided to rent as prices are so high and I think there is likely to be a crash which would enable me to buy one much cheaper. Tax Chap: I agree with you about it being better to consult an expert. But the benefit of drawing upon the wisdom of Yahoo people is that you get the common sense and wider view that can often be lost when you are dealing with a professional "detail" person. An accountant is hardly going to suggest for example that I should become a bank robber, but some cheeky so and so on here might. (that's just an example - I'm not planning on becoming a bank robber. (but I'd listen to any interesting offers hehe))
king of cancun you help is needed? As I heard you have to be either retired of wealthy in order to live in cancun. Well I'm neither nor. Any suggestions if part time jobs can be found during winter time or not??
Can life get better once you have retired from work and the ratrace ? Done this recently, now I need a new life with new people and surroundings. No I am not wealthy or on a big pension, I am registered disabled, arthritis in my hands and arms. I love painting and my art work and researching, I am told I look 40'ish, you can add to that, I am a Gemini, get bored very quickly, I love life but it is so bloody boring, dont mention volunteer work, been there, got the T-shirt, any sensible suggestions welcome from likeminded peole.
WHY does everyone call the media liberal? Seems like coverage of Iraq is positive except for some obvious theft and deception by some who failed to provide what they promised . IS this liberal reporting by the media ?.IF you pay for something and do not get it then just forget it is the conservative way .(THEY WOULD SUE ME IF I DELIVERED A 13 INCH SCREEN T.V. INSTEAD OF THE 52 INCH ONE THEY ORDERED .). The media was over-whelmingly in favor of Israel . They are behind corporate america . They slamed a few people publicly for fraud in the katrina relief effort . I do not see a media that is liberal by any means . I do not see alot of stories about wealthy men who regularly bank rupt a company and pay them selfs millions never to repay anyone but retire in luxsury . THEY have quit going after ministers who collect tens of millions and live like kings across america for over 15 years now . IS it the media is liberal if it points out fraud and theft and those who do this . I guess if I were a thief I would discredit the media.
How should I get in contact with our rapidly growing community of retirees ? Hi, I am a recently retired elem teacher and now want to be a local educational consultant and am selling Discovery Toys also. I've had many grandparent age people at my churches before ask me about buying gifts appropriate for thier grands etc, and in my smallish town here in So. OR, we have the wealthier CA people retiring here in flocks and I mean flocks and I need ideas of groups they might join, or become a part of so I can contact them and see that they are aware of my services. I really do have a lot of wisdom to impart and have lived here 32 years. Besides Welcome Wagon, what might be some groups they might join or ???? brainstorming here.
cold shoulder for cold callers? We get a lot of cold callers (door to door salesmen) because of the strong smell of wealthy retired people around here. Can you think of a good note to put on the front door to advise them they are not welcome?. Advise for your answers, if you say No cold callers, they say they are not cold callers, typicaly "Oh no we are advising you of a local service"
more info added: Democrats, where will all the tax money for heath care come from when all the wealthy baby bo Democrats, where will all the tax money for heath care come from when all the wealthy baby boomers retire? Sorry for repeating myself but as most of you don’t understand that the top 10-15 percent pay 70 percent of the taxes. I'm middleclass and paid only 8 percent tax rate. The wealthy tax rates fall between 35-40 percent. Look it up at IRS.gov 70 percent of the baby boomers is supporting the budget right now. They start retiring next year, and 10 years from now there will be more retired than working. That means the rest of us will have our taxes raised to make up for the loss Baby boomers are the top 10-15 percent of wealthy. When they retire there will be the middleclass to pay for the taxes for the boomers. Keep voting Democrat and don’t be surprised when 50percent of your paycheck is gone.
I come from a wealthy family? Hi. I come from a wealthy family... starting with my grandmother's family. She has 4 sisters, and when they were growing up, lived in this rich place outside of boston called nahant. its right on the beach. She grew up with like 8 maids. When she grew up and got married, her father bought her another house right next to where they all lived, and my mom and family went there every summer for summer vacacion. Then, my great aunt has this other huge estate on the same road as where she grew up. My other great aunt, married a sucessfull doctor and they still live in their mansion though they are retired. And finally, my 4th great aunt lived in Venace in the 60's and 70's, but since then she moved back and now lives in a penthouse in boston. All of the mansions on nahant are still owned by my grandmother and her sisters, and we go there a lot. The houses are worth like 10 million dollars each, and we have like 6 of them. How can i get more rich like them? i mean my family is pretty rich, but i want to be like Really rich. my mom didnt want me to go to a catholic school because were not catholic, and i didnt really want to go to a private school either because i already have friends in my neighborhood who just go to normal school well i mean my grandmother is rich, but my family isint as rich. Our house is only worth like 4 million dollars as opposed to my grandmother and great aunts' which is around 10 million dollars. I just want to be as rich as them. my parents give money to the church and everything well they give money to the church but we don't give money to those africa video things where the guy trys to make us feel guilty for not doing it. like how he is just walking then in front of him a fast train goes by, thats all there to make us feel guilty
Why is it that the US Government can spent billions to help out Iraq and Millions on the Tsunami to a Country? That do not like the USA. But USA should help if we can. BUT PLEASE is there are people like CEO's that Retire with $400 million bonuce. Other proud wealthy Americans out there like Mr.Trump countless movie Stars makeing Millions. I am disabled Contractor. But I appeal to all your Good old AMERICAN PRIDE and ask One thing. It has been one yr from Katrena and It looks like it happened yesterday. Why can we not get AMERICANS together down there. We are AMERICANS WE DO IT BETTER THEN IT WAS. like we try to all over the World when we help. I am a Vet and a Proud AMERICAN but the way it still look down there is shamefull. Now is the time we need to take care of are people like we take care of the rest of the world. And not worrie about the money just build it back better if we can. So how can we do it. I They need are help? There are so many Good AMERICAN'S in this Country that it should look better then new in six mounths take away all the red tape. So How can do we it Show ME!
I met ny bio mother after 56 years what to do? I met my mother after 56 years she had to give me up for adoption because she was a prostitute in new york. she is now a school janitor at night. I proved her being my mother through DNA. I am very wealthy and want to have her retire and come live and handle my estate in Miami. I still am very mad at her though. what should I do?
are we all program to go to school and work 40 years out of our lifes and retire at the age of 65? is that the best plan at the age of 65 can we have fun can we do any physical activities, were all stress out from that hard work and unhealthy. why is it that 95% is avearage and 5% is wealthy. why cant the average understand something called vision wouldn't you want to retire at an early age how about 30 wouldn't that be good. only the the 5% percent understand they become something called pioneers. what if bill gates came up to you in the early 80's, a skinny kid with thick glasses who droped out of harvard who everyone thought was crazy and now people don't think hes crazy anymore. what if he came up to you and said to you i have this idea called microsoft would you like to help me out what do you think you would say to him would you help him out or just laugh at him and say no thanks.whats microsoft anyways it sounds like a soft drink thats not going to work out. lol
Would you consider med school under my circumstances? I am currently a freshman high school, and have just started looking at career options. I have a GPA of 3.67 at a college-prep school, and I'd like to think I'm at least qualified academically, but considering I come from a middle class family, would med school really be a practical option? By junior year, I'll probably be looking at something easier, but a doctor is the only thing I could imagine being the rest of my life (until I retired, of course), so far. How many people actually stick with it all throughout their college career? And how many people coming from a not-so-wealthy family have made it through years of training without quitting because of money issues, and then gone on to be successful doctors?
Give up my job for a quality life? I am married and in my mid forties living in the UK . I am not wealthy, but I have a respectably paid job. However, I have done a fair amount of career building and I am getting sick of the 'rat race' and the stress and responsiblity in my job. . I am wondering about giving up 'quantity' and getting a better 'quality' of life. This would mean a big change, give up my job, less money, move home, but less stress. Some epople say, change when you retire, but who knows what the future holds. I'm ready for change now, but should I take the plunge?
Can dallas expect mass protests and marches now? Dallas chooses businessman as next mayor By JEFF CARLTON, Associated Press Writer Sat Jun 16, 11:31 PM ET DALLAS - Choosing a wealthy retired businessman over an openly gay city councilman, voters elected Tom Leppert as Dallas mayor Saturday by a wide margin. PAID POLITICAL ADVERTISEMENT Capping a swift rise from political unknown to the top office of the nation's ninth-largest city, Leppert won the most expensive mayoral race in Dallas history. He received about 58 percent of the vote in the final but still unofficial results of the runoff, beating Ed Oakley by more than 13,000 votes. "I understand the trust and confidence they've placed in me," said Leppert, 53. "I am eager to fulfill that trust and confidence." Oakley fell short of making Dallas the largest city in the country to elect an openly gay mayor. "I can't tell you what it's been like ... to serve Dallas, change Dallas and put Dallas on a path of greatness," he said. "I truly believe I've been part of that." Leppert, the former CEO of construction giant Turner Corp., had never run for elected office before. He had scant name recognition when he decided late last year to enter the race to replace outgoing Mayor Laura Miller, who was not seeking re-election. Oakley and Leppert were the top fundraisers before the May 12 election, in which they beat nine other candidates to reach the runoff. Leppert spent about $1.1 million on the campaign from early May to early June, compared to about $833,000 for Oakley.
Social Security? Some people need and depend on SS money to live on after they retire. Other, wealthy people do not have to depend on that money for retirement and they still receive the benefit of social security and the governement will not let them refuse. I someone wishes to refuse retirement benefit from social security, why can't they? and maybe help someone else who is in need or put that money back into to pot for us people that by the time we retire there will be no ss money left?
Are bonds a good investment right now? ? My grandad (rest his soul) retired a wealthy man by simply buying bonds every time he got paid (plus he was a coal miner...union benefits). I was thinking of doing the same thing. Are state (VA for me) and federal bonds a good investment? why or why not, and does anyone have better ideas? Thanks!
Why am I thinking about this man all of the time?!!? In my career , I see 2-12 clients per day.The nature of my business allows me to see the persons positive sides, and it is always rewarding. I am not attracted to any of them, but 1. He is good-looking, wealthy, retired (at 45), in great shape, a diligent worker and MARRIED. I am MARRIED. To a man who is just 3 years older than me (I am 28), a GREAT man, no less...we have been married for 5 years, are about to begin having children...I am madly in love with him. I do not flirt with him, but am definately in contact with him (mostly through work-related texting) more than my other clients. I help him out A LOT. And I see him 3 times a week for an hour. I might be flattering myself, but his wife is older than him, not attractive, and kind of stand-offish. I am a young, athletic, fitness model-unless he is a stand-up guy, if he sees an opportunity, he may jump. I am scared - I dont want to ruin my life. We have to have a work relationship. And even kissing is cheating to me. Help!
Is this considered harrassment? There is someone at work that constantly tries to put me down at work, criticizes and makes fun of the way I lead my personal life. Often tells me to retire because "I have so much money." I'm not wealthy. I have already tried to put a stop to this, but he continues. Is this considered another form of harrassment? Any advice? thank you!
Is Money the key to happiness? In my opinion it is, if you're wealthy and can retired, what's not to like about being able to play on the ps3, watch tv, go to the beach, drive around in cool cars, go on holidays, have a nice house, hot girlfriend Whoever said money doesn't bring happiness is the biggest idiot ever f*ck love, gimme a million bucks over true love any day
Forgiving but not forgetting...? My father and I are distant and he's always seem to me a person that is jealous of me for whatever reason. He's far wealthier after retiring from the oil refinery business after 30 years. He's single raising my three brothers - my dad didn't raise me instead I was raised by my grandmother. Anyway, I found out that my father was dating my half sister from my mother's side - what a perv. (JMO). The two are not related. My mother's side of the family is hurt and shocked. Either my father or half sister have morales. My mother is deceased. My father is 55 and half sister is 18. I do not talk to the two of them as far as I am concerned they are dead to me. My father acts as though nothing ever happened he's always been this way. My sister left my dad and visa versa but still I feel they are both contaminated. I don't love either one of them. I know we are suppose to forgive but I can't I may die in hell but I can't let this go - is this right?
can some one simplify this story? A wealthy English widower, retired from the Austrian Service, moves to a stately castle in Styria with his daughter Laura. When she is six years old, Laura has a vision of a beautiful visitor in her bedchamber. She later claims to have been bitten on the chest, although no wounds are found on her. Twelve years later, Laura and her father are admiring the sunset in front of the castle when her father tells her of a letter he received earlier from his friend General Spielsdorf. The General was supposed to bring his niece to visit the two, but the niece suddenly died under mysterious circumstances. The General ambiguously concludes that he will discuss the circumstances in detail when they meet later. Laura is saddened by the loss of a potential friend, and longs for a companion. A carriage accident outside Laura's home unexpectedly brings a girl of Laura's age into the family's care. Her name is Carmilla. Both girls instantly recognize the other from the 'dream' they both had when they
Should we be thankful the Japanese attacked Pearl Harbor? The question should spark your outrage. Bear with me. You very well may answer "Yes" 1933 The United States had been well into the Depression 3v years. People desperate and hopeless. The American system of Free Enterprize had failed. Neanwhile in Italy, Facism was showing prosperity and being looked at as a new option to bring prosperity. Hitler arose to power in Germany and the Nazis had that economy going. Another option that was beginning to appeal to Americans. A group of wealthy industrialists approched retires Marine General Smedley Butler. They proposed assassinating FDR and seizing control of the government in what was called the Business Plot. He testified to the account before Congress. But Facism and Nazis continued to have a following in America. This continues as Germany overran France and most of Europe. Other than profiteering in the sales of war materials to Britain, the United States was doing nothing. And the Nazi and Facism was growing like a cancer. Then came the Japanese attack on Pearl Harbor. I had heard rumors that when told of the attack FDR replied "Good, that's what I wanted." Always angered before, I now know why it might have been said. The Japanese had awoke the sleeping dragon from sitting by. We entered the wars on both fronts with a vengence. And Facism, Nazism and Imperialism was destroyed in those countries. The US did not win the war in Europe. The Allies won but needed the US help to do it. So yes, I am thankful for the attack. The world was saved from tyranny and racial extermination. As to American Nazis, they are doing well.There are many thriving communities, organizations of them. They preach the same hat, White supremist garbage. Beware, they also operate under the guise of patriots. You have little to fear from Arab terrorists or other foreigners. The think to fear is the enemy within. Americans! - and a debt of gratitude for my uncle, a Marine corporal who died in the bowells of the USS Arizona. I add the Nazi following both then and now was never so large to ever near being a majority. But many were in powerful positions. With very little effort you can verify what I have provided and get much more detailed information General Smedley Butler was also the last two time Medal of Honor winner. A hero to the extreme.
What Jobs that make over $250000??? I am looking for a good feild to go into and I want one that will allow me to be relativly wealthy and be able to retire in my late 30s early 40s, any suggestions???
Green card or permanent residence? My friend and her family wish to relocate from their country to the USA because both of her parents wish to retire here, in the US.One family friend put forward the idea that since they are wealthy in their country (I believe that they would be consider wealthy here in the US as well) that the family would have an easier time getting a permanent residence card or green card to live here in the US. Is this true?
How can our older Americans not receive "handouts"? if companies nowadays no longer offer pension plans and most people do not know how to invest their 401k? Even if you do invest, it doesn't always offer a high return. You might say, "Well everyone needs to save their money". That is easier said then done with the high costs of living. And Social Security will be dry by the time I will need it. So those of you Con's who are against government "handouts," what are your plans to make ends meet when you are retired? Are you already wealthy and aren't worried about it? Do you plan on working until the day you die or will receiving government handouts then be okay?
Have you seen these statistics? The Bureau of Labor Statistics says that Out of 100 people that start working at the age of 25, by the age of 65... 1 is wealthy 4 have enough money to retire 63 depend on social security or charity 29 are deceased 95% of people (age 65 and over) cannot afford to retire and work until they die!! What Happened to Safety & Security? Why we no longer put our trust & faith in "Big Business". In J. Paul Getty's book "How To Get Rich", his first rule for success is, "You must be in business for yourself. You will never get rich working for someone else." Do you have a plan for where you want to be in 10 years? Are you afraid of being one of those statistics? To learn more about how you can start your own business from the comfort of home, send me a message with the subject line: "I want to fire my boss!"
Why is it that the US Government can spent billions to help out Iraq and Millions on the Tsunami to a Country? Both do not like the USA. But USA should help if we can. BUT PLEASE is there are people like CEO's that Retire with $400 million bonuce. Other proud wealthy Americans out there like Mr.Trump countless movie Stars makeing Millions. I am disabled Contractor. But I appeal to all your Good old AMERICAN PRIDE and ask One thing. It has been one yr from Katrena and It looks like it happened yesterday. Why can we not get AMERICANS together down there. We are AMERICANS WE DO IT BETTER THEN IT WAS. like we try to all over the World when we help. I am a Vet and a Proud AMERICAN but the way it still look down there is shamefull. Now is the time we need to take care of are people like we take care of the rest of the world. And not worrie about the money just build it back better if we can. So how can we do it. I They need are help? There are so many Good AMERICAN'S in this Country that it should look better then new in six mounths take away all the red tape. So How can do we it Show ME!
Why is it that the US Government can spent billions to help out Iraq and Millions on the Tsunami to a Country? Both whom do not like the USA. But USA should help if we can. BUT PLEASE is there are people like CEO's that Retire with $400 million bonuce. Other proud wealthy Americans out there like Mr.Trump countless movie Stars makeing Millions. I am disabled Contractor. But I appeal to all your Good old AMERICAN PRIDE and ask One thing. It has been one yr from Katrena and It looks like it happened yesterday. Why can we not get AMERICANS together down there. We are AMERICANS WE DO IT BETTER THEN IT WAS. like we try to all over the World when we help. I am a Vet and a Proud AMERICAN but the way it still look down there is shamefull. Now is the time we need to take care of are people like we take care of the rest of the world. And not worrie about the money just build it back better if we can. So how can we do it. I They need are help? There are so many Good AMERICAN'S in this Country that it should look better then new in six mounths take away all the red tape. So How can do we it Show ME!
plz evry1 read i need advive plz help ecspecially teens? im 16 and me and my boyfriends relationship is on rocks. He flirts in my face and he lies all the time and he even denys me 2 other gurls. I luv hm and he says that he luvs me . He trys so hard 2 be like his 4rnds but i luv him bcuz i knw that he isnt really like that but im tired of this and im ready 2 end this his own friends tell me i shud let him go and me and his aunt r best4rnds and his parents luv me. i broke up wit him b4 cuz his dad is a retired pro baseball player meaning they r wealthy and people kept callin me a goldigger and im not my bday was last month and he got me diamond studs and didnt evn except them but 2maro is v-day wat am i 2 do plz help me
How dumb do you have to be to believe Hillary Clinton and John Edwards Tax Hikes Won’t Fix Social Security? Tax Hikes Won’t Fix Social Security Hillary Clinton and John Edwards are proposing the exact wrong medicine to fix an ailing program. By Cesar V. Conda In the recent Democratic presidential debate, former Sen. John Edwards said he would impose taxes on the wealthy to address Social Security’s long-term funding problems, but “would create a protective zone [for people earning] between $97,000 up to around $200,000.” The Associated Press reports that Sen. Hillary Rodham Clinton said privately that she also would consider levying the Social Security tax for people making over $200,000. The federal government currently imposes Social Security payroll taxes on the annual earnings of workers up to a cap of $97,500. Most Democrats have traditionally supported raising the payroll-tax wage-cap to address the entitlement budget crisis, instead of creating personal retirement accounts and slowing expenditure growth. However, raising the payroll-tax cap will not solve Social Security’s long-term financial problems. Here are some very crude but directionally correct estimates of how this would work: Were the cap to be raised from $97,500 to about $171,000, according to Social Security Administration data we’d solve about 10 percent of the long-term shortfall. (Caveat: This is not the way Sen. Clinton would measure it; she would probably rely on the discredited seventy-five-year actuarial balance measure. By that measure it would solve more than 40 percent of the problem. But for the most part that’s illusory. In the long run the annual deficits would be reduced by only about 10 percent.) Now suppose the payroll-tax cap was eliminated entirely and applied to all earnings above $97,500. If we credited the extra contributions towards benefits we would solve about 24 percent of the problem, and if we didn’t we’d solve about 4 percent. (Again, this is using real numbers, not seventy-five-year actuarial imbalance. The latter metric allows the Democrats to claim, misleadingly, that the whole problem would be solved.) Therefore, if raising the current payroll tax cap to $171,000 solves about 10 percent of the problem, and if eliminating it solves 24 percent, then it would seem that levying Social Security payroll taxes again on earnings above $171,000 would solve about 14 percent of the problem (24 percent minus 10 percent). Or, if we didn’t pay benefits on the extra payroll-tax contributions, we would solve about 30 percent (40 percent minus 10 percent) of Social Security’s funding problem. Basically, Clinton and Edwards would face a choice: Do we pay extra Social Security benefits to the richest of the rich? I find it hard to see the social value in that. And we would only solve, at most, about 14 percent of the problem if we did. Or do we collect extra taxes from the rich, but not credit them to benefits, basically severing the contribution-benefit connection and turning Social Security essentially into a pure-redistributionist welfare program? We could solve up to 30 percent of the problem by doing that, but we would destroy Social Security’s basis as a contributory system. As noted, the Democrats pretend that these proposals accomplish more than they would in actuality. They do so by relying on the seventy-five-year actuarial balance. Basically, this pretends that the government saves Social Security money and that it earns interest. It doesn’t. But by pretending that it does, the Democrats make the long-term deficit appear much smaller since they subtract the interest-compounded value of money the government would be given now to spend. This is particularly ludicrous when you consider they even would assume that past Social Security surpluses have been saved, where clearly everyone agrees they have not. Of course, none of this touches upon the economic downsides of raising taxes of this magnitude. Increasing taxes by this amount would expand the payroll-tax base by nearly 10 percent — a huge additional drag on employment. Moreover, raising the top tax rate to pre-Bush levels, as most of the leading Democratic candidates have proposed, and lifting the payroll-tax wage-cap would hurt the economy and ultimately raise far less tax revenue than static-revenue estimating models would predict. The combination of these two proposals would place dramatically higher tax rates on economic success. Assuming that these tax hikes became effective in 2008, the maximum federal tax rate would rise from the current 38.44 percent (35 percent income-tax rate plus the Medicare payroll tax) to 52.89 percent. Such an increase would severely reduce after-tax incentives for productive efforts while encouraging tax avoidance. Raising Social Security taxes is the exact wrong medicine for Social Security’s financial problems. Without action to fix Social Security, today’s thirty-year-old workers can expect a 27 percent benefit cut when they retire. Instead of raising taxes, the best way to save Social Security is to create voluntary personal accounts so that younger workers can achieve higher rates of return on their retirement dollars.
How much "guy time" is acceptable? Is it less acceptable in a long distance relationship? My boyfriend of 18 mos. was recently able to retire. This has coincided with his mother's illness, so he also moved out of state to be with her. When he is not caring for her, he is enjoying his retirement as any young wealthy man should- relaxing, playing golf, and travelling with friends. I work two jobs and probably will for the next 30 years or so. I am finding myself getting increasingly jealous of the trips he plans with his friends. And I don't understand it, because rationally I know that if I were in his position, I would travel too! I would invite him, but if he couldn't go I certainly wouldn't let that stop me. But emotionally, I just have this really icky gut feeling ALL THE TIME about our separation, and his travelling without me. I've tried to bring it up but the conversation goes nowhere, he accuses me of being jealous, and he's right. I can't figure out if I'm just being childish and just need to get over it, or if this gut feeling is really trying to tell me something.
Is there any possibility that my efforts to become a super hero like Batman will work? I was in my car the other day wondering if I could really become Batman and fight for truth and justice in this world. I figure when I become very wealthy, I could hire a team to make me some cool gadgets to fight the human vermin like thugs, scoundrels, politicians, murderers, rapists, terrorists, etc. But could it really work? Or would I just probably die before fame while practice swinging from a rope when the grappling hook loosens and breaks free from a building? Well, maybe i can wear some type of mini parachute just in case. Does it make sense for me to begin this endeavor? Or should I just continue with the work, have kids, retire and die plan?
Tax reform? I see that people say that people with more wealth should pay higher taxes. However, having wealth is not the same as income earned. For example, I could have inherited 100,000,000 from Great Aunt Sophie. I can retire, shove all that money under the mattress and live off of it comfortably for the rest of my life, yet NEVER pay taxes on it again. It's not invested so there's no interest coming in. Should the tax law be changed so that it's not necessarily what you're earning, but what you own that's being taxed? I'm just seeing that this is the fundamental difference between the democratic version of taxation (tax the wealthy they can afford it - ie, tax the people who have assets) and the republican idea (tax the money coming in).
do todays mortgage loans factor in age at all? i seem to not see any factoring of someones age in a mortgage loan offer given today, is it just my inexperience in the "in-depth" works of such or is it really never factored in at all? o-0 it seems to me like a plausable thing to consider, like a company considers a life insurance plan, in both cases within this your judging payee's credit basis upon the statisically proposed longevity of said proposed client, though given in a mortgage case its definantley less of an issue for basing the true bar of the deal...income would be much more of a factor im sure in this case, but still, it seems, it would help younger less prominently wealthy kids to make a home if the banks were easier on them due to the length that they could in most cases take out a loan....issuing lower payments....due to that fact...yet again i guess most retire by 55 or so....so maybe their not far off in factoring in this within the ideas of it all.........is it a factor in any cases you've known personally? thx
Powered by Yahoo! Answers