Posted 14 February 2006 - 02:47 PM
You are spending 7.75% of everyone of your dollars not to consider the matching 16% the employer put up for SS. If you put 20% of your check away you would be filty rich at 65 yrs old. I have a retirement with my employer with draws of of my 9% contribution, plus 7.75% for SS, and I still put aside $500/bi-monthly from my two other jobs. This has nothing to do with gov vs. buniess vs. indiviual benefits. It has everything to do with education. SS is not going anywheres. The gov will not let anything happen to all of the voters.
Example: At 32years of sevice, 9% retirement contributions, = 81% of my pay check for the rest of my life. The problem is not the gov it is the morons that believe the gov can be trusted to make the right dission.
I school we mandate french or spanish. Get credit for football or baketball. Have dozen of National Clubs for kid to join. We don't teach how to handle money, keep a check book, understand the stock market. These are taught in some schools but is far from standard.
Start with manditory 4 high school years:
English. I mean real English that I third party tested so if a stundent is failing he/she can get help.
Math. I am a fire fighter/medic and only have a high education. I use Algebra DAILY, but the kids I meet coming out of school can barely grasp it.
Writing. There is a haft a dozen names for it, but 4 yrs of constructing sentences. I guess more accurate GRAMMER.
Speech. Watch any reality TV. Enough said.
Law. Spend 4 years pouring over the local State Crimmial Code and Civil Law.
Science. 4 years of biology and chemistry.
Finance. 4 years of preparing for real life. Check book, stocks, bugeting.
If you have any time left give them an hour or two to choose an elective. If you prepare the kids it won't matter what the greed #$%^&* gov does with SS.
I need and other drink. ggrr
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