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#pensions

8 posts8 participants0 posts today

It's not business as usual. We're witnessing extreme (and needless) market turmoil. If you ever feel bad about making a mistake: rest easy, you haven't lost the stock market $5 trillion in a couple of days.

My pension pot is pretty small. Don't want to lose much more, thanks. (No, it's not just US citizens' pensions getting pulverised at the moment.)

The only good thing: I'm not close to retiring, so I can wait for things to settle and improve. Colleagues closer to retirement age will be affected more.

And, yes, some people are profiting from this. It's just not the average citizen, sadly.

Really hope the EU and the UK will get their act together and not give in. Fingers crossed. 🤞

#Freelancer
#Pensions #Pension #StockMarket #EU #UK

Continued thread

That photo is of our Social Security field office here in south Minneapolis.

You have to take off your belt and go through a metal detector, which is nonsense, but otherwise the service is good and the people friendly and helpful.

Social Security, of course, is one leg of the three-legged stool we've all grown up with in our retirement planning. The other legs are savings and pensions.

ssa.gov/history/stool.html

www.ssa.govSocial Security History