QUOTE: 2) Without wage income you won't be paying social security.... FYI: Not true in most cases. I am living it. It's not "wage" income, it's any "other...
... This comes very close to an issue I've been looking into -- the "conventional wisdom" that in retirement, we ought to have a paid off home for the sake of...
... Actually this is true. If you read the post carefully they are talking about Social Security tax, not income tax or income tax on Social Security income....
... expectations you have. Many baby boomers don't want to downsize their lifestyles. They want to still keep a large house, travel, remain active, etc..., so...
... snip ... snip interesting - our outlook was that achievement of 100% would provide us with a chusion .. retire a bit eariler at 100%, and cut back if we ...
... agreed ... there are some 'over savers' for sure, but agree that it's no where near the majority ... snip exactly the approch that we used to come to our...
There are a couple of very simple formulas which allow many otherwise extremely complex financial calculations to be done in one's head: 1. Rule of 72. Works...
Carl: Sorry I was not clear, I didn't mean you wouldn't pay INCOME tax, only that you would not pay FICA-OASDI (Social Security tax) or FICA-MED (Medicare...
... <snip> ... To be really fair, all monies you put in savings should be tax exempt since that money is being loaned, mostly to business, to create wealth ...
Folks, Here's a contrarian view to this thread. Found it on the Yahoo IBM finance board. I firmly believe that no one has the answer...yet and each answer will...
Internal discussion on the case below regarding ERISA statues and limitations on making claims should be studied carefully - regarding your first few...
http://blogs.zdnet.com/Foremski/?p=146 ZDnet - January 22nd, 2007 IBM could be acquisition target for private equity firms by Tom Foremski IBM, the world's...
Pension Action http://www.pensionrights.org/action/enewsletters/pensionaction.html February 2, 2007 A Call for Shareholder Resolutions Announcements of...
... the congress? In his speech he said that 80% of the medicare cost are consumed by 5% of the people that are eligilable to receive benefits! ... ...
... That is one of those "statistics" that insurance companies love to quote and there is some validity to the idea that people near the end of life should go...
... Is that based over a lifetime, or on an annual basis? It certainly isn't unreasonable that on an annual basis, 80% of the Medicare costs are consumed by 5%...
And speaking of private equity firms......... http://www.businessweek.com/magazine/content/07_07/b4021001.htm? campaign_id=nws_insdr_feb3&link_position=link1 ...
... Actually that has been addressed by raising the age of "full retirement" for younger people which also has the effect of further reducing early SS...
Why always "47 million don't have health insurance"? The real issue is are they getting reasonable health care? If emergency rooms are closing, someone must...
... yeah, I think it's right to have to pay taxes on the contribution amounts put into 401K's. However, I'd really like the 'GROWTH' component dollars to be...
The fair way to tax non-ROTH 401)(k)s and IRAs would be to pay income tax on the original deffered money and dividends and pay the prevailing tax rate for long...
... he was stating annual expenses/cost of the program he also stated that the medicare program is in far more jeporday and a much larger problem for our...
* Sam's compensation amounts to $64,615.38 A DAY. I.B.M. Details Its Chief Executive's Pay, REUTERS, 2/6/07 International Business Machines, whose stock rose...
That may be tough for Sam to live on, so expect additional increases in medical "contribution" (were they not supposed to be free?), and certainly no COLA (Sam...
Tech vendors plan to hire tens of thousands of employees in India in early 2007. But lack of leadership is forcing some to put staffers on the fast track to...
If the current growth rate continues, IBM will have more than 70,000 workers in India this year. By Paul McDougall, InformationWeek Feb. 1, 2007 URL:...
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