This is America today. We have no running water; we use a hose to fill jugs. At night, in my bed, when it's cold out, my blanket can freeze to the wall of the RV. I have a Master's degree and have been in the workforce for over 30 years. By the end of this month, we will be without anywhere to turn.
Remember the story about how the aging of the baby boomers will bankrupt us because we will have too few workers to support the surge of retired baby boomers? Now we are supposed to be worried that we won't have any work for people to do because the robots will be there to do it faster and cheaper. Either of these stories could in principle be true, but they cannot both be true.
If Concerned Veterans for America wants to protect pensions, vets will be right there with them. But when the coda to that argument is the complete opposite -- "And let's privatize your pension" -- that's where you lose many troops who are depending on a stable retirement.
This nation should be ashamed of its indifference to this crisis.
S ESOPs are creating the good, paying jobs we need to sustain economic growth and give more workers opportunities for upward mobility. This model can help grow our economy and help our workers and middle-class families. That should be our clear and continuing goal.
I've walked through the same fire that most of us are walking through right now -- the disappearing nest egg, the investment returns that never happen and the house with the white picket fence that's worth less now than it was when we bought it.
The build-up to the 2014 Super Bowl has focused as much on the weather as it has on the Seahawks and Broncos. Given how unpredictable winter weather in New Jersey is, it makes a pretty good metaphor for the uncertainties you face in building your retirement nest egg.
A generation ago, retiring in Florida was the American dream for many. Palm trees, coastal breezes, a place to just kick back and relax. Growing up in the Northeast, I was one of the many kids whose grandparents pulled up stakes and headed south.
The human brain is pretty well-equipped to handle immediate problems and issues, but it's not so hot at making plans for the future. If we allow our brains to make default decisions, we'll all end up cursing our younger selves from the retirement home.
With 10,000 people turning 65 every day, our nation should be doing everything possible to protect the pensions of those who have worked hard their entire lives and are counting on those benefits during their retirement years.
Deciding to change your entire life and relocate somewhere with a different culture, economy, government and probably a different language altogether isn't the kind of thing you do by picking a country off a menu.
People reaching retirement age are living longer than ever, and retiring with less capacity to maintain their living standards. With good reason, this situation has been termed a "retirement funds crisis."
What if there is no retirement? What if we don't wait until 65 to enjoy life and connect with our passions? What if the so called "Act 2" when retirees find their dream jobs doing what they love to do actually happens now when we are in our 20s, 30s and 40s?
Quirkiest retirement haven in the world? That'd have to be Belize. Belize City's roadways are built around a system of roundabouts (thanks to her British colonizers), but shops alongside them sell rice, beans, and tortillas still ground by hand. Everyone you meet speaks English (it's the country's official language), but this belies the stories of their origins.
It's a far cry from their previous existence in Denver, Colorado. But John and Ellen consider themselves to be the luckiest people in the world running their small hotel and restaurant in the Belizean beach paradise of Placencia.