Unfortunately, I did not see the State of the Union address ( I hope to catch a replay on C-SPAN) but I do agree that we as individuals do need to take more accountability for planning for our own retirement. My struggle is in resolving the thousands of dollars we as workers have already paid into the pot. What happens to that money?
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Originally posted by Love_Spell_6
I am torn on this issue. First I applaud the President for doing something about the problem instead of just seeing it coming and not acting on it. Second, I am torn on the amount of responsibility with this issue placed on the government itself. Shouldn't we have to take some responsibility for our own futures i.e. saving, investing money etc.? I think the days are passed where we can live live without financial parameters and expect that our social security will take care of us after age 65. Many times its not the amount of money we make being a reason we can't save $, but that many folks live above their means. I will say I like the personal savings accounts because it gives us some autonomy with the issue and it forces us to take responsiblity for our own lives instead of assuming the government will do it....
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