Generations: Your Place In The Coming Retirement Crisis

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  • Reply 21 of 36
    guarthoguartho Posts: 1,208member
    Besides.. I have a lot more sympathy for a Polar Bear that I've never met than I do for the New Yorkers and Floridians that I have.
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  • Reply 22 of 36
    e1618978e1618978 Posts: 6,075member
    Since the baby boomers are such a large voting block, and since that voting block gets more powerful as they age (since old people are more likely to vote) - it will effectively enslave the younger people. The boomers have not saved enough for retirement, so they will vote in payroll tax increases.



    I personally plan to move out of the country at some point later in life, but since most developed countries have this same demographic problem I don't know where you could escape to. Maybe Costa Rica...
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  • Reply 23 of 36
    Quote:
    Originally Posted by e1618978


    Since the baby boomers are such a large voting block, and since that voting block gets more powerful as they age (since old people are more likely to vote) - it will effectively enslave the younger people. The boomers have not saved enough for retirement, so they will vote in payroll tax increases.



    I personally plan to move out of the country at some point later in life, but since most developed countries have this same demographic problem I don't know where you could escape to. Maybe Costa Rica...



    On the news not long ago, they said already retiring Americans who were going to retire in Costa Rica are now going even deeper into South America because of rising property and cost of living increases in Costa Rica. Interesting.
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  • Reply 24 of 36
    e1618978e1618978 Posts: 6,075member
    Quote:
    Originally Posted by SpamSandwich


    On the news not long ago, they said already retiring Americans who were going to retire in Costa Rica are now going even deeper into South America because of rising property and cost of living increases in Costa Rica. Interesting.



    They seem cheaper than the houses in Florida:



    http://www.propertiesincostarica.com...mon_house.html



    I think that in the past, Costa Rica was so cheap that you could live on almost nothing - so people who failed to save enough for retirement headed down there to make their dollars stretch longer. Now the prices are starting to catch up with the US, but normal retirees can still afford houses there.



    I wouldn't go to other parts of South America, too much risk in the government taking away your property (like Chavez is doing right now with some 100 year old golf courses - building homes for the poor on them).
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  • Reply 25 of 36
    Quote:
    Originally Posted by e1618978


    They seem cheaper than the houses in Florida:



    http://www.propertiesincostarica.com...mon_house.html



    I think that in the past, Costa Rica was so cheap that you could live on almost nothing - so people who failed to save enough for retirement headed down there to make their dollars stretch longer. Now the prices are starting to catch up with the US, but normal retirees can still afford houses there.



    I wouldn't go to other parts of South America, too much risk in the government taking away your property (like Chavez is doing right now with some 100 year old golf courses - building homes for the poor on them).



    Oh, I definitely agree with you on all points.
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  • Reply 26 of 36
    nofeernofeer Posts: 2,427member
    Quote:
    Originally Posted by SpamSandwich


    An interesting point of view, but remember this... immigrants might be the ones taking care of you or your parents during the Great Boomer Retirement.



    immigrants not the issue, my grandparents came over from the "old country" at 9 and 11 became citizens and contributed the greatness of this country, its the illegals who aren't paying SS taxes or fed taxes that some want to receive benefits, if we can barely afford our own how does this policy help???
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  • Reply 27 of 36
    Quote:
    Originally Posted by SpamSandwich


    Although I share your concern about global warming, I guarantee you Boomer retirement will hit you much sooner and with far greater impact than New York or Florida sinking underwater. The problem is, it's difficult to visualize a huge chunk of the world's population being removed from the work force and your taxes increasing to unmanageable levels to cover soaring medical bills, etc. It's more chic to show a polar bear fall off a shrinking ice floe and drowning to gain sympathy.



    Global warming might not IMPACT us immediatly, but if we do not act immediatly the effects might be irriversable by the time it does impact us.



    Also, another big thing that most people don't realise, is that Global Warming impacts us in many more ways than just higher sea levels.



    1) We aren't just talking about Florida and New York, we are talking about BILLIONS of people. Look at what happened when just a few hundred thousand people were displaced from New Orleans. Now imagine that in the billions.



    2) If the ice caps melt (fresh water) and go into the ocean, the salinity of the ocean will be less thus meaning less dense water thus meaning the oceanic convoyorbelt will stop. This means extreme heat and drought in some places, with torentual rain in other places, as well as extreme cold in other places.



    3) Higher global temperature means exponentially worse allergies. Have fun everybody with allergies -- or maybe even people without exisiting allergies.



    4) Higher global temperatures means higher probability for a disease outbreak. Thats always fun of course.



    5) With lower salinity levels in the ocean, many oceanic species may die flat out. Polar bears will drown and die.



    6) Extreme weather, huricanes, storms, etc.



    This isn't science fiction, this is just science.
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  • Reply 28 of 36
    Quote:
    Originally Posted by icfireball


    Global warming might not IMPACT us immediatly, but if we do not act immediatly the effects might be irriversable by the time it does impact us.



    Also, another big thing that most people don't realise, is that Global Warming impacts us in many more ways than just higher sea levels.



    1) We aren't just talking about Florida and New York, we are talking about BILLIONS of people. Look at what happened when just a few hundred thousand people were displaced from New Orleans. Now imagine that in the billions.



    2) If the ice caps melt (fresh water) and go into the ocean, the salinity of the ocean will be less thus meaning less dense water thus meaning the oceanic convoyorbelt will stop. This means extreme heat and drought in some places, with torentual rain in other places, as well as extreme cold in other places.



    3) Higher global temperature means exponentially worse allergies. Have fun everybody with allergies -- or maybe even people without exisiting allergies.



    4) Higher global temperatures means higher probability for a disease outbreak. Thats always fun of course.



    5) With lower salinity levels in the ocean, many oceanic species may die flat out. Polar bears will drown and die.



    6) Extreme weather, huricanes, storms, etc.



    This isn't science fiction, this is just science.



    I dig what you say. You might want start a Global Warming Warning thread immediately to have a more detailed discussion along those lines, if for no other reason, that's not what this thread is about.
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  • Reply 29 of 36
    An interesting article I just read:



    A climate change timebomb may be just 10 years away from detonating, according to the latest global warming evidence.



    New data from a deep ice core drilled out of the Antarctic permafrost reveal a shocking rate of change in carbon dioxide concentrations.



    The core, stretching through layers dating back 800,000 years, contains tiny bubbles of ancient air that can be analysed.



    Scientists who studied the samples found they left no doubt as to the extent of the build-up of greenhouse gases.



    For most of the past 800,000 years, carbon dioxide levels had remained at between 180 and 300 parts per million (ppm) of air. Now they are at 380ppm.



    In the past, it had taken 1,000 years for carbon dioxide to rise by 30ppm during natural warming periods. According to the new measurements, the same level of increase has occurred in just the last 17 years.



    Isotopic tests confirmed that the recent carbon dioxide had come from fossil fuel sources and must be due to human activity.



    Dr Eric Wolff, from the British Antarctic Survey, who presented the findings at the BA Festival of Science in Norwich, said: "The rate of change is the most scary thing.



    "We really are in a situation where something's happening that we don't have any analogue for in our records.



    "It's an experiment we don't know the result of."



    http://icharrow.icnetwork.co.uk/news...name_page.html
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  • Reply 30 of 36
    Quote:
    Originally Posted by icfireball


    In the past, it had taken 1,000 years for carbon dioxide to rise by 30ppm during natural warming periods. According to the new measurements, the same level of increase has occurred in just the last 17 years.



    The internet has been great for the global warming nazis. I'm not saying that it doesn't exist, but when a single volcano blast contributes more to total greenhouse gas emissions that all the man-made pollution during the twentieth century, which is a known fact, it's hard to bring myself to drink their kool-aid.
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  • Reply 31 of 36
    ipeonipeon Posts: 1,122member
    Lets get a garbage truck and move this to PO already.
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  • Reply 32 of 36
    midwintermidwinter Posts: 10,060member
    I keep wondering whether, when this thing hits, it will shift us back to having our parents move in with us when they can no longer live alone.
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  • Reply 33 of 36
    Quote:
    Originally Posted by midwinter


    I keep wondering whether, when this thing hits, it will shift us back to having our parents move in with us when they can no longer live alone.



    That could be a good answer for a lot of people. Common for Asian families, I don't know why that couldn't help for those with living parents.
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  • Reply 34 of 36
    midwintermidwinter Posts: 10,060member
    Quote:
    Originally Posted by SpamSandwich


    That could be a good answer for a lot of people. Common for Asian families, I don't know why that couldn't help for those with living parents.





    Exactly. We used to do this, but then when life expectancy started shooting up in the 60s (I'm guessing on this date) the parents of the boomers got obsessed with "independence." This combined with the boomers' self-absorption to create a massive industry of assisted living facilities or nursing homes, and on and on. Expensive, that, and not the best thing for families when people blow their savings on monthly services and trips and god knows what else.



    But having families go back to living together would certainly help many folks.
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  • Reply 35 of 36
    e1618978e1618978 Posts: 6,075member
    Quote:
    Originally Posted by midwinter


    Exactly. We used to do this, but then when life expectancy started shooting up in the 60s (I'm guessing on this date) the parents of the boomers got obsessed with "independence." This combined with the boomers' self-absorption to create a massive industry of assisted living facilities or nursing homes, and on and on. Expensive, that, and not the best thing for families when people blow their savings on monthly services and trips and god knows what else.



    But having families go back to living together would certainly help many folks.



    Your kids move out, you think you are home free, and then the parents move in. Sounds like hell on earth to me.
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  • Reply 36 of 36
    Quote:
    Originally Posted by e1618978


    Your kids move out, you think you are home free, and then the parents move in. Sounds like hell on earth to me.



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