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Elmer S. E. Dump

(5,751 posts)
15. I wish I could prepare - I'm 61 and can't survive much more
Fri Mar 11, 2016, 05:01 PM
Mar 2016

My stinking excuse for a pension is a company matched 401K - so if the stock market crashes, I get to work until I drop dead at my desk.

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People are forced to use credit to just keep above water. It cant be sustained. At some point the litlbilly Mar 2016 #1
Also see: Americans' Home Wealth Recovers $7 Trillion as Prices Firm Purveyor Mar 2016 #2
the problem is most of the new housing value is as bogus as it was in 07. It is rising too fast and litlbilly Mar 2016 #4
heck, it's been 9 years already--more than enough time for the cycle MisterP Mar 2016 #9
exactly, and now with china not selling stuff, because we dont have money to buy it, it is ripe for litlbilly Mar 2016 #11
I wish I could prepare - I'm 61 and can't survive much more Elmer S. E. Dump Mar 2016 #15
same here, i turn 62 in july. litlbilly Mar 2016 #16
Excellent post, Sir. Wilms Mar 2016 #14
maybe my memories faulty but I seem to remember seeing stuff like this azurnoir Mar 2016 #6
Indeed. I was documenting the pending great recession on this Purveyor Mar 2016 #8
Well, at least the 1% and the families and friends of DC politicians won't have to worry. Skwmom Mar 2016 #3
actually, they should be worried, they just cant see past their own noses. litlbilly Mar 2016 #5
If any of you havent seen the Big Short yet, watch it. it's the same thing only now the CDO's litlbilly Mar 2016 #12
been paying it down and then the washer died....damn dembotoz Mar 2016 #7
hate when that happens. My wife and I took over 7 years just to get cc debt below 30%. Now just litlbilly Mar 2016 #13
Just restructure the debt, the $$$ are sitting there Abouttime Mar 2016 #10
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