Alarming News: I like Morgan Freeberg. A lot.
American Digest: And I like this from "The Blog That Nobody Reads", because it is -- mostly -- about me. What can I say? I'm on an ego trip today. It won't last.
Anti-Idiotarian Rottweiler: We were following a trackback and thinking "hmmm... this is a bloody excellent post!", and then we realized that it was just part III of, well, three...Damn. I wish I'd written those.
Anti-Idiotarian Rottweiler: ...I just remembered that I found a new blog a short while ago, House of Eratosthenes, that I really like. I like his common sense approach and his curiosity when it comes to why people believe what they believe rather than just what they believe.
Brutally Honest: Morgan Freeberg is brilliant.
Dr. Melissa Clouthier: Morgan Freeberg at House of Eratosthenes (pftthats a mouthful) honors big boned women in skimpy clothing. The picture there is priceless--keep scrolling down.
Exile in Portales: Via Gerard: Morgan Freeberg, a guy with a lot to say. And he speaks The Truth...and it's fascinating stuff. Worth a read, or three. Or six.
Just Muttering: Two nice pieces at House of Eratosthenes, one about a perhaps unintended effect of the Enron mess, and one on the Gore-y environ-movie.
Mein Blogovault: Make "the Blog that No One Reads" one of your daily reads.
The Virginian: I know this post will offend some people, but the author makes some good points.
Poetic Justice: Cletus! Ah gots a laiv one fer yew...
The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday.
The percentage of workers who said they have less than $10,000 in savings grew to 43% in 2010, from 39% in 2009, according to the Employee Benefit Research Institute’s annual Retirement Confidence Survey. That excludes the value of primary homes and defined-benefit pension plans.
Workers who said they had less than $1,000 jumped to 27%, from 20% in 2009.
Well, lessee. I was 29 before I worked for a company that had a 401k plan. Up until then, it could be fairly said my checking account was my retirement plan. And I can pretty well guarantee to you there was less than a grand in there, in “free” cash, the entire time.
That seems pitiful, but by Freeberg standards it’s affluent.
So I’m hoping these folks in the 27% are real young pups.
Still and all, that’s pretty damn bleak. The 43% figure worries me some more. Ten grand…in an age where you have better-than-even odds of reaching the century mark…and it is considered odd or eccentric to work past age sixty-five. Oh no wait, sixty-two-and-a-half. Oh no wait, six decades even. Oh no wait, fifty-seven and…well, at least we’ve already accounted for inflation.
Oh no wait, no we haven’t.
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Damn. And here I was bewailing my meager (well, it’s more than 10 grand, but it still ain’t much) nest egg.
- CGHill | 03/09/2010 @ 20:45I had bookmarked the CNN article and a couple of blogs talking about it for a post but I probably won’t do anything with it, mainly coz my personal experience is far different from the conclusions in the CNN article/blog posts. Most of my friends and family are exceptions to the numbers quoted and that fact alone makes me wonder.
And Hey! I went at 57, mainly because of health issues at the time (work was literally killing me, but I was a stereotypical Type A), since semi-resolved. There are times I wish I hadn’t quit when I did (More! Gimmee MORE!) but those are rare, indeed.
- bpenni | 03/10/2010 @ 12:21