Comments on: Somebody Save Me! http://pastdueradio.com/somebody-save-me Get Out of Debt and Find Work You Love Wed, 09 Nov 2011 14:41:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Derek Sisterhen http://pastdueradio.com/somebody-save-me/comment-page-1#comment-194 Derek Sisterhen Thu, 29 Jul 2010 03:38:08 +0000 http://pastdueradio.com/?p=499#comment-194 It was fun for me to imagine that conversation when I started writing this post! Mine would probably have to sit down and breathe into a bag for a little while. It was fun for me to imagine that conversation when I started writing this post! Mine would probably have to sit down and breathe into a bag for a little while.

]]> By: James Dibben http://pastdueradio.com/somebody-save-me/comment-page-1#comment-186 James Dibben Tue, 27 Jul 2010 03:18:39 +0000 http://pastdueradio.com/?p=499#comment-186 I'm not sure the teen version of myself would survive the encounter. I'm not sure the teen version of myself would survive the encounter.

]]> By: Derek Sisterhen http://pastdueradio.com/somebody-save-me/comment-page-1#comment-183 Derek Sisterhen Mon, 26 Jul 2010 23:11:08 +0000 http://pastdueradio.com/?p=499#comment-183 That's a great point, Eddie. I actually asked the room of 30 kids if anyone understood how social security worked. Almost instantly, a girl (in the front row, go figure) raised her hand and proceeded to explain the way it's supposed to work and the current dilemma we face in the US. It was fantastic - they were very well aware of the problems with the system.<br><br>The system is designed for us to pay into it - like an escrow account - during our working years, so we can then draw from it during our retirement years. However, the problem is that today's workers are supporting today's retirees. In the next decade, the number of retirees will outpace the number of workers, so there won't be enough money available to draw from when today's workers retire. And that is why the teenagers, Gen Yers, and Gen Xers are on their own for retirement. That's a great point, Eddie. I actually asked the room of 30 kids if anyone understood how social security worked. Almost instantly, a girl (in the front row, go figure) raised her hand and proceeded to explain the way it's supposed to work and the current dilemma we face in the US. It was fantastic – they were very well aware of the problems with the system.

The system is designed for us to pay into it – like an escrow account – during our working years, so we can then draw from it during our retirement years. However, the problem is that today's workers are supporting today's retirees. In the next decade, the number of retirees will outpace the number of workers, so there won't be enough money available to draw from when today's workers retire. And that is why the teenagers, Gen Yers, and Gen Xers are on their own for retirement.

]]> By: Eddie Gichuhi http://pastdueradio.com/somebody-save-me/comment-page-1#comment-182 Eddie Gichuhi Mon, 26 Jul 2010 22:36:49 +0000 http://pastdueradio.com/?p=499#comment-182 I wonder if teenage kids understand social security. I don't understand it very well myself. I wonder if teenage kids understand social security. I don't understand it very well myself.

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