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InvisibleMoonshoe
Blue Mantis
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Registered: 05/28/04
Posts: 27,202
Loc: Iceland
Re: Canadian Pensions for All! [Re: TheOtherAdamSmith]
    #19226210 - 12/04/13 11:28 AM (10 years, 1 month ago)

Good article OP.


My plan is to not have any children. Raising the average kid costs a quarter million. So the first kid I don't have will fund my life of travel and education and the second kid I don't have will fund my retirement.

The other strategy is to have lots of kids and hope they take care of you when you get old. However I see this not playing out very often for people, usually the kids suck up your money during your healthy young years then maybe call you for five minutes on Christmas and then later stick you in a home (if your lucky).

In principle I think people who made and squandered more than a certain amount of money in their lifetimes should be disqualified from any social supports. If they made a lot of money and lived large and could not be bothered to save, I honestly have no problem with letting them wander the streets as Alzheimer's riddled derelicts.

Save the social security for those who were born or remained in disadvantaged situations. No golden parachutes for the wealthy and stupid.


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InvisibleMoonshoe
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Re: Canadian Pensions for All! [Re: Icelander]
    #19226274 - 12/04/13 11:44 AM (10 years, 1 month ago)

Quote:

Icelander said:
Good plan, not having kids secured my financial comfort with a minimum of effort.




You keep changing your avatar from an gorilla to a purple condor what the fuck man :kingcrankey:


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InvisibleMoonshoe
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Re: Canadian Pensions for All! [Re: 57-71]
    #19230146 - 12/05/13 06:43 AM (10 years, 1 month ago)

Good point. And yet there must be some way to differentiate those who are subject to bad luck of the kind you describe and those who really did blow their money on fancy sports cars, oversized houses with pools, SUVs and vacations to vegas, etc.


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InvisibleMoonshoe
Blue Mantis
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Registered: 05/28/04
Posts: 27,202
Loc: Iceland
Re: Canadian Pensions for All! [Re: Icelander]
    #19230244 - 12/05/13 07:52 AM (10 years, 1 month ago)

Quote:

Icelander said:
Let me judge. :evil:




Are you a YANKEE?!


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InvisibleMoonshoe
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Loc: Iceland
Re: Canadian Pensions for All! [Re: Patlal]
    #19230348 - 12/05/13 08:37 AM (10 years, 1 month ago)

Quote:

Patlal said:
I believe the system works in a way where if you make a sufficient income, they deduct your pension. Once you below a certain income (no matter the reason) they give you your pension.

Homeless people "retire" when they reach 65 years old.

Wealthy people simply live off their own means.

The system wasn't designed by idiots.




So if I work my entire life and pay my taxes, can I expect to receive an old age pension when I turn 65?


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