Today we're meeting with our financial advisor, Dave. My tax deferred account says I have to spread this out almost another 24 years (only my uncle Leslie Weybright has lived that long in my family). But that assumes Obama doesn't decide that taking our income is not enough, he wants our wealth. Is it fair that I put away 15% of my income every month I was employed, in addition to the state required pension withdrawals, and some other twit was out getting her nails done, night clubbing, or taking fabulous vacations. Shouldn't she, in the president's reasoning, get some of my common sense?
Wednesday, February 13, 2013
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There's no question in my mind that Obama has his eyes on IRA and 401-K accounts. He doesn't think it's fair that one person would have a couple of hundred thousand dollars in a tax deferred account while others have none. He doesn't care if it's because one person was wise enough to plan for retirement and the other was not or didn't care. He has no valid reason to take away from one and give to another but then look at the damage he's already done without validity. His plan is tied directly to socialism. His idea of fairness is entirely different than what anyone can justify.
Like you Norma, I maxed out each year on what I could invest into a tax deferred account. IRA's and 401-K's became the best legislation that I can remember for the middle class. I used every vehicle available plus taxable accounts as I was planning to retire early. This obviously involved sacrifices on our part during our working years. Obama will be attempting to squander our sacrifices and wise decisions by having us share with the people who made no attempt at sacrifices or plans. The saying used to be"the pen is mightier than the sword" but Obama has shown us it's mightier than the vote!!!!-- Murr
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