The holier than thou government pickpocketsnow have their fangs set on the jugular vein of America's 401k.
Nowadays even the nations nest egg isn't safe.
It's not enough they plan on raising the retirement age from 65 to 70,
when the average American only lives to 78, 75 if you're a male.
Meaning you only have 5 years to try and polish off that bucket list,
and you'll be lucky if you're bones are up for the task after all the fluoride and plethora of contaminants have wore them down.
At least they're being honest now I guess, instead of simply swindling our hard earned savings.
Public pensions weren't as lucky, & now US cities face a half a trillion dollar deficit because of the fact.
Once you do the math, each Boston household owes $30,000.
It's quite possible taxpayers might see:
-tax increases
-service cuts
or
-the responsibility of footing some of the bill
Why stop there?
On top of that the new bill also proposes a 5% payroll tax each employee will have to pay.
The private pensions alone are a win/win for the government, either:
a) they steal your 401k or IRAs
or
b) you cash out your chips and get hit with heavy taxes
(not confirmed: my source says around 1/3)
For those looking for advice: mine would be cash out your stock, and invest it in physical gold.
Gold is now at an all-time high and continues to climb.
As the economy free falls many investors will trade their worthless paper banknotes for a solid currency.
Causing the gold market to increase substantially as the dollar declines.
Nowadays even the nations nest egg isn't safe.
It's not enough they plan on raising the retirement age from 65 to 70,
when the average American only lives to 78, 75 if you're a male.
Meaning you only have 5 years to try and polish off that bucket list,
and you'll be lucky if you're bones are up for the task after all the fluoride and plethora of contaminants have wore them down.
At least they're being honest now I guess, instead of simply swindling our hard earned savings.
Public pensions weren't as lucky, & now US cities face a half a trillion dollar deficit because of the fact.
Once you do the math, each Boston household owes $30,000.
It's quite possible taxpayers might see:
-tax increases
-service cuts
or
-the responsibility of footing some of the bill
Why stop there?
On top of that the new bill also proposes a 5% payroll tax each employee will have to pay.
The private pensions alone are a win/win for the government, either:
a) they steal your 401k or IRAs
or
b) you cash out your chips and get hit with heavy taxes
(not confirmed: my source says around 1/3)
For those looking for advice: mine would be cash out your stock, and invest it in physical gold.
Gold is now at an all-time high and continues to climb.
As the economy free falls many investors will trade their worthless paper banknotes for a solid currency.
Causing the gold market to increase substantially as the dollar declines.
