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1StrongBlackMan

(31,849 posts)

54. This ...

Sun Jun 8, 2014, 02:51 PM

Jun 2014

Most of all we need to stamp out the meme, "Social security won't be there for me when I retire."

It is what made/allowed Mr. and Ms. Working Class to seek "more stable" investments, especially when hyper-return was not their goal.

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To the older members of DU [View all] Harmony Blue Jun 2014 OP

My old fogey suggestion.... Erich Bloodaxe BSN Jun 2014 #1

I agree with electing socialists,also buying local. WHEN CRABS ROAR Jun 2014 #19

The culprit is not boomers. grasswire Jun 2014 #2

You are so right on! Enthusiast Jun 2014 #24

This ... 1StrongBlackMan Jun 2014 #54

If we accept this meme then it will definitely NOT be there. We need to fight for the future and jwirr Jun 2014 #55

Quite true. Many seniors live in poverty! Many/most seniors are not even remotely close to the 1%. RKP5637 Jun 2014 #51

That's exactly what they are. Hoarders. calimary Jun 2014 #67

Seniors also lost lots of money in 2008. We paid for our Social Security, pay monthly for Medicare. madfloridian Jun 2014 #3

Amen. Cleita Jun 2014 #9

Yes, the ridiculousness of attempting to blame certain generations Live and Learn Jun 2014 #4

+1000 Louisiana1976 Jun 2014 #28

No worries Uben Jun 2014 #5

+1 But they are ensuring that everyone must play their game Live and Learn Jun 2014 #6

I know.. Uben Jun 2014 #10

Where did you put it when you took it out? n/t phylny Jun 2014 #46

I must have missed the age schism.... Half-Century Man Jun 2014 #7

Third Way president started the generation divide in the 90s. Greedy seniors. madfloridian Jun 2014 #8

So that's where all this started. He's not so young himself anymore, is he? And where is he now I sabrina 1 Jun 2014 #37

Lost almost half my nest egg in 2008 Submariner Jun 2014 #11

I have some different advice for people goldent Jun 2014 #14

Also laundry_queen Jun 2014 #20

thanks for that good advice renate Jun 2014 #29

I agree about advisers goldent Jun 2014 #34

And do what? Put it under the mattress? WinkyDink Jun 2014 #23

Put it in very safe investments goldent Jun 2014 #35

Yes, the market is a big casino. Too bad so many who lost everything DIDN'T put it all under a sabrina 1 Jun 2014 #39

No 70-yr-old cleaning airports at night was invested in stocks. And no-one who was invested WinkyDink Jun 2014 #42

Saw the financial toilet backing up in '07, and was out Eleanors38 Jun 2014 #45

The only advice I can give is never vote for a Republican. Cleita Jun 2014 #12

We Boomers are not the problem. SheilaT Jun 2014 #13

Thank you, Harmony Blue. Curmudgeoness Jun 2014 #15

Great! MannyGoldstein Jun 2014 #16

Some advice to our younger members is to vote for candidates who loves the middle class. Thinkingabout Jun 2014 #17

Thank you, Harmony Blue. JDPriestly Jun 2014 #18

"Once you retire, you need far less than you do while you are working": How do you figure? TAXES, WinkyDink Jun 2014 #25

commuting to work is taking more and more of my income noiretextatique Jun 2014 #48

+1 again. Enthusiast Jun 2014 #26

Well, it's nice to know that SOMEBODY Le Taz Hot Jun 2014 #21

i went back and reread her post BainsBane Jun 2014 #56

A WHOLE lot of people were disturbed by that post Le Taz Hot Jun 2014 #57

I'm not interpreting anything BainsBane Jun 2014 #59

I noticed you didn't quote from the ones Le Taz Hot Jun 2014 #60

I thought it was the age comment you were offended by BainsBane Jun 2014 #61

Witchhunting? Le Taz Hot Jun 2014 #64

Jury results: unanimous to leave. NYC_SKP Jun 2014 #68

And sometimes the jury gets it wrong. Le Taz Hot Jun 2014 #69

If the Stock Mkt "isn't a sound investment," nothing else is, at less than 1% interest. WinkyDink Jun 2014 #22

I invest in durable goods. Erich Bloodaxe BSN Jun 2014 #27

When Bush was in office, I got a sick feeling on how the economy was going. Frustratedlady Jun 2014 #31

I'd like to know what has that % savings, seriously. Something that is insured, as opposed to muni- WinkyDink Jun 2014 #43

I retired after divorcing my 2nd wife and got a horse ranch in Idaho, + my house on the beach in FL. Baclava Jun 2014 #30

That is very nice, thank you. There are already too many divisions in society, we LoisB Jun 2014 #32

Thank you Jake2413 Jun 2014 #33

Thanks, I guess OldHippieChick Jun 2014 #36

Get offa my lawn! n/t Crunchy Frog Jun 2014 #38

Define older Generic Brad Jun 2014 #40

Older is when you wake up and realize Uncle Joe Jun 2014 #41

Baby Boomers pre-paid for the retirement of their generation as well as for the one ahead Samantha Jun 2014 #44

Young wolves, show us your teeth. John Steinbeck Tierra_y_Libertad Jun 2014 #47

One good quote deserves another ... Tuesday Afternoon Jun 2014 #63

That quote is keeper. Joe Shlabotnik Jun 2014 #65

It was from a lecture he was giving young Russian writers in the early '60s. Tierra_y_Libertad Jun 2014 #66

Wow YoungDemCA Jun 2014 #49

Yeah, I noticed that too. bettyellen Jun 2014 #50

yes, it did not go unnoticed by me, either. Tuesday Afternoon Jun 2014 #52

Not to mention this. bravenak Jun 2014 #53

I don't know whether to laugh or cry at that one. Tuesday Afternoon Jun 2014 #62

Recommended and thank you. Autumn Jun 2014 #58