Tag Archives: retirement
Matthew Yglesias, Slate: You are too stupid to save, so give your money to the government
From back in the day, I recall a comedian, whose name I can not recall, do a bit in which he proposed a Stupid Tax. Anytime that you caught somebody doing something stupid, then you could collect $5 from them … Continue reading
IRS’ 401k Early Withdrawal Penalties vs. Americans in Reality
I have been seeing a number of media reports about a HelloWallet analysis related to individuals withdrawing funds early from 401k and defined contribution pension plans. The theme in this reporting is that these programs have failed as vehicles for … Continue reading
Question #7: If we ‘privatize’ Social Security, what would happen to people that recklessly invest their retirement and lose it?
The following question comes from Reddit: If we ‘privatize’ Social Security, what would happen to people that recklessly invest their retirement and lose it? First, in the question, there is an unfounded premise about risk as in: government control of … Continue reading
Selfish Citizenship 