posted on Jan, 1 2014 @ 01:40 AM
Retirement used to be talked about by my parents and grandparents - social security was counted on (that's what they were taught). With each
generation this ideal has dwindled (very noticeable). Grandparents were able to do it although not even close to well off - managed. My parents -
still work yet are of the age one used to get social security and actually be able to live off of it (along with whatever meager bits saved for this
landmark time). They can't retire - due to the cost of living it seems. Me - I don't even think of it because I see how things are.
We were warned in the 80's maybe (90's?), that this ideal goal should not be counted on. Reasons were given and we are seeing some of them now
(mainly - cost of living and social security getting cut/age raised, etc). It's really hard to save when milk is $4.00 a gallon or a candy bar is a
dollar or more. While we haven't seen inflation in food as bad as we have taxes (soc security/state/fed), and things like fuel - it's substantial.
It hasn't slowed down or reversed itself since I've been alive and able to buy things for myself (minus a sale or short term fuel reduction).
When I tell my kid that I used to be able to get a soda, candy bar, some ding dongs or hostess cupcakes, and some penny candies for a dollar he looks
perplexed. What will it cost when he is my age? Will he be saying "son - when I was a child you could buy a snickers for 1.25. Those were the
days". I don't even want to think about what it will be like for people in 30-40 years.