tag:blogger.com,1999:blog-5842688576399090008.post948761858935457212..comments2012-07-19T11:17:31.468-07:00Comments on Alan Rutherford: Old accountants never die, they just lose their balanceAlan Rutherfordhttp://www.blogger.com/profile/17969237179850182401noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5842688576399090008.post-82870572665947321242012-07-19T11:17:31.468-07:002012-07-19T11:17:31.468-07:00On a serious note, the whole notion of retirement ...On a serious note, the whole notion of retirement presumes cash flow from a pension, Social Security, or savings (pre-tax or post-tax). Many pensions are underfunded or are being truncated to the extent the law allows. Social Security probably won't be able to pay out 100% of projected benefits starting 10-15 years out. Savings have been hit by falling equity and real estate markets -- and even if someone held nothing but cash, forward-looking returns appear to be miserable.<br /><br />Bottom line, retirement is rapidly becoming a myth. Either folks will have to get accustomed to a lower standard of living, or folks will have to migrate to locales where the cost of living is lower, or folks will have to keep working longer than they had expected to. <br /><br />I wonder how much strife we will see in coming years as the under-35s battle with the over-60s for jobs.Chuck Tillhttps://www.blogger.com/profile/15855060003411813328noreply@blogger.comtag:blogger.com,1999:blog-5842688576399090008.post-46546396194673809662012-07-19T10:58:04.771-07:002012-07-19T10:58:04.771-07:00http://www.youtube.com/watch?v=OR2xMw5-FZ8http://www.youtube.com/watch?v=OR2xMw5-FZ8Alan Rutherfordhttps://www.blogger.com/profile/17969237179850182401noreply@blogger.comtag:blogger.com,1999:blog-5842688576399090008.post-79039147942839543132012-07-18T18:15:59.670-07:002012-07-18T18:15:59.670-07:00Lol! That's actually Walter from a Jeff Dunham...Lol! That's actually Walter from a Jeff Dunham comedy routine.Alan Rutherfordhttps://www.blogger.com/profile/17969237179850182401noreply@blogger.comtag:blogger.com,1999:blog-5842688576399090008.post-42599302451025650292012-07-18T17:57:04.368-07:002012-07-18T17:57:04.368-07:00Better not count on that Wal-Mart greeter gig. I d...Better not count on that Wal-Mart greeter gig. I don't think that greeting would please Mr. Sam.Lucy Merrillhttps://www.blogger.com/profile/03376082551787190249noreply@blogger.com