Entries from December 2009
December 23rd, 2009 · 2 Comments
If you are a Ford employee, should you take Ford Motor Company’s early retirement buyout, or keep working? The last time Ford offered an early retirement incentive program, out of 89,000 employees, only 1,000 employees took the company’s package. The question you need to ask yourself, before taking Ford’s offer is, can I retire? [...]
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Tags: Retirement News
As the U.S. Senate debates the Health Care bill, progressive Democrats have proposed lowering the eligible age to receive Medicare from 65 to 55 years old, almost exactly the same idea I proposed on the Green Retirement Blog on December 4th. Senators who support lowering the age of eligibility for Medicare to 55 may not [...]
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Tags: Retirement News
December 4th, 2009 · 1 Comment
Update Dec. 7, 2009 : Great News! Senate Democrats are proposing the very same idea I proposed three days ago in this article, expand Medicare coverage to Americans 55 thru 65 years of age. Call your congressperson and urge them to support this proposal. Passage could make early retirement affordable for millions of [...]
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Tags: Retirement News
“Willie Sutton robbed banks because that’s where the money is, as he put it, the money in this case is in entitlements.” Thanks to Ryan Grim of the Huffingtonpost for bringing to the attention of the American people, this stunning quote from Federal Reserve Chairman Ben Bernanke’s testimony before the Senate Finance Committee, where he [...]
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Tags: Retirement News
December 2nd, 2009 · 5 Comments
If you are one of the millions of American workers who has very little to no retirement savings, and who earns less than $50,000 per year, I have developed two simple savings plans which will easily allow you to go from zero savings to $1 million dollars in 20 years – The $500 Plan [...]
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Tags: How To Retire Early