Tag Archives: retirement

Matthew Yglesias, Slate: You are too stupid to save, so give your money to the government

Posted on May 12, 2013 by

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 →

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IRS’ 401k Early Withdrawal Penalties vs. Americans in Reality

Posted on February 23, 2013 by

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 →

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Question #7: If we ‘privatize’ Social Security, what would happen to people that recklessly invest their retirement and lose it?

Posted on February 17, 2013 by

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 →

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