dirttoys
Platinum Member
Larry,That's the whole point of capitalism. You accumulate assets, and those assets provide wealth with no effort. It removes the link between income and productivity. If you think I actually earned all my savings, dream on. A lot of that is other people's assets, thanks to their freakout in 2009. Like any good capitalist, I took advantage of market conditions to accumulate assets at far below their true value. Between July of 2009 and June of 2010, I doubled my net worth. There was no effort involved, I just gamed the system and won. If you think there's any virtue there, thanks for the freebie.
I respect what you have accomplished and where you are at in life. I disagree with your perspective and the way you say capitalism just sounds dirty.
Honestly, if you don't feel like you earned your pension (many people have chosen higher salary over total benefits in the past), don't take it.
If you don't feel like you and your employer paid enough into SS for what you are taking out, refuse it, or kick it down to a homeless shelter.
Glad you made money in the market, I do too, but, I also understand that the money I am making comes with real risk, and benefits the companies I own. Oddly it is just about as easy to loose money as it is to make it.
I worked hard, did stuff not a lot of folks could do, for as long as I needed to. Now I do what I want (or what leadership tells me to do).
It would suck to have worked all that time, and then feel guilty about having enough money to get by for a few years at the end.
I secretly hope you are kidding, but if not, cheer up and enjoy. If you know folks that don't have it as good as you do, give them your excess
Best,
ed