However, there's a political issue that must be included along with your retirement strategy. You can not allow the politicians to continue taking your money knowing that the Social Security system is currently hemorrhaging and will be completely bankrupt by 2032 if not sooner.
At the same time, the politicians have guaranteed themselves a fabulous retirement at our expense. The politicians are our representatives, not our leaders. They are no better than we are and should not be allowed to have any more privileges than any other citizen of this country. It is our tax money that they are using to guarantee their fabulous retirement. We can not continue to be this dumb.
While so much energy has been spent in attempting to stop the outrageously expensive and rights destroying health care plan coming from the President known as Obamacare, the pathetic Social Security system can not be overlooked. Congress must be required to have the same type of retirement plan available to all of us.
We must also put a end to the different types of retirement plans that teachers, federal employees,and other public employees have. And, by the way, their retirement benefits are subsidized and guaranteed by our tax money. All these plans, therefore, are far better than the Social Security plan that the average citizen have. This inequality must end.
So, while you are planning for your retirement and restructuring your finances to conform to the considerations of preservation of principal, and a guaranteed return, you must not leave out the political component.
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