Quotes I like:

“Not all those who wander are lost.” -- J.R.R. Tolkien

Monday, December 21, 2015

The 20%

Whether you are part of the 99% or the 1%, if you were born into the "Boomer" generation, there is a good chance you either are, or soon will, be part of the 20%.  In the next fifteen years, Americans over the age of 65 will reach 20% of the population.  The Boomer Generation is aging a rate of 10,000 people turning 65 every day.

I'm not sure why this is big news. We called well in advance to let everyone know we were coming. Yet when we show up at the door, we are met with surprise and, even disappointment. I have heard constant bellyaching that we are going to bankrupt social security.  I have to wonder how this is considering that I have personally paid about a million dollars of my salary and my employer's share of my salary into the system but have yet to remove one red cent.

Apparently, we are also bankrupting medicare.  Again, having worked for a good long time, I have contributed toward medicare.  And as I previously pointed out, we 'boomers' were not a surprise. Heck we've been creating havoc since the end of World War II.  By now I would expect that the so called experts employed by the government could do some fairly simple math to figure out how much needed to be set aside to allow the wave of boomers to collect their social security, which they and I PAID into.

I wonder what the next complaint about the boomer generation will be? I can only imagine a headline like:

       "Elderly population dying at an increased rate-shortage of caskets and cemetery plots".  

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