Everyone is talking about how broke social security is. But look at medicare – it is projected to run out of money much sooner than social security. See this article from Smart Money about it:http://www.smartmoney.com/retirement/planning/10-things-medicare-wont-tell-you-1324333528533/That just means the government (us if you remember) will subsidize medicare as well as social security, so it will all work out in the end (we will just be broke – oh well, can a government file for bankruptcy?) You can count on us to count for you!
Brian’s Tax and Financial Musings
Well, Christmas is over and you got your present from Congress; the two month payroll tax cut (hopefully this gives them enough time to hammer out a full yeat cut and how to pay for it), See this article from Accounting Today:http://www.accountingtoday.com/news/Congress-Passes-Payroll-Tax-Cut-Extension-61254-1.htmlNow, answer this question: how much does it take to feel rich? See this article by the San Diego Union and see if you agree:http://business-news.thestreet.com/signonsandiego/story/what-you-need-to-feel-rich-150000-a-year/11342279Personally I feel rich when I have the resources to do what I want to do without having to worry about the cost of doing so. You may feel differently on that – everyone has their own opinion.You can count on us to count for you!
Brian’s General Musings
During this holiday season, please treat others with respect, the way you would like to be treated. Whatever your religion or demonimation, please have a safe holiday weekend.