Update on $20,000 “Retire Early” Incentive Plan for Boomers

Hello Boomers,

In a previous rant, we talked about a “plan” for reducing unemployment by offering Baby Boomers an extra $20,000 on top of our reduced Social Security checks for each of the next few years to incentivize us to retire early.  The extra $20,000 was to “make up” for the loss in SS dollars we would suffer for jumping early (age 62).  This would solve the unemployment problem, which according to the author is not caused by too few jobs, but is caused by too many workers.  I’m not making this up!

We rarely include the URL’s for such dubious thinking but were asked to share this one so that such things would not go unchallenged.  So here is the link for anyone who wants to see for themselves the type of higher level thinking we can count on to solve our current problems.  http://tinyurl.com/26w5qto

For the record, I’m not yet old enough to collect my Social Security AND accept the extra $20,000 a year to retire early.  Alas, always a bridesmaid……  Why is it that I am always either too OLD or too YOUNG – never JUST RIGHT?

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