Saturday, October 8, 2022

Cash vs Pension

Cash vs Pension

In these crazy times where our government expects us to work until we are dead or too disabled to continue to work, you need either savings, a pension or both to be able to retire eventually. Fortunately many U.S. blue collar workers have struggled at low wage to garner at least a small social security income. However a social security income is rarely enough to survive on with any dignity. To add insult to injury the extreme liberal, Biden socialist, Democrat destroyers of the American Dream want to freely provide an income, healthcare, food, education, cell phones, free luxury hotel accommodations and transportation to illegal immigrants that have illegally invaded our country. Yet as a working class American you have to work 30+ years just to get a paltry social security income while giving freebies to illegals with your tax dollars. Addiionally the Global Agenda ran by billionaires and corporations have wiped out the ability for most people to earn a pension from employment. So how much money would you need to have saved to draw a small yearly income of $43,000 per year at 4% for almost 21 years in retirement? You would need approximately $90,000. And this does not factor in how little value that money will have under BidenFlation.



Resource: Federal Retirement

Cash vs Pension

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