Early Retirement Blog

The Three Horsemen of Your Retirement Apocalypse

House Minority Leader John Boehner, in an interview with the Pittsburgh Tribune-Review, revealed a boner of an idea.   Americans need to delay their retirement until age 70 to pay for the war in Afghanistan.

“Boehner had praise, however, for Obama’s troop surge in Afghanistan and stepped-up drone attacks in Pakistan….Ensuring there’s enough money to pay for the war will require reforming the country’s entitlement system, Boehner said.  He said he’d favor increasing the Social Security retirement age to 70 for people who have at least 20 years until retirement,…”

Congressman Boehner’s comments come just as I was about to publish an article titled, “Retirement or War, in which I was going to ask you, the American people, if you would like to have a retirement, or keep paying for wars?   Congressman Boehner, and the Republican Party he represents, answers the question – sacrifice your retirement for war.

To be fair, it’s not just republicans, who believe that you should retire later.  House Democratic Leader Steny Hoyer also thinks that Americans need to retire later.   “On the spending side, we could and should consider a higher retirement age, or one pegged to lifespan; more progressive Social Security and Medicare benefits; and a stronger safety net for the Americans who need it most.”

To be even fairer, President Obama also thinks that Americans need to retire later, in order to reduce the budget deficit.   His Budget Deficit Commission, created to find ways to reduce America’s ballooning deficit, does not touch the defense budget.   Instead it will find spending cuts in entitlement programs, such as Social Security and Medicare, to balance the budget.   In other words, Obama wants you to delay your retirement, to pay for more wars.

Bottom line, both political parties and the President of the United States, believe that Americans need to retire later to pay for war.

Fortunately, you do not need to retire later to pay for war, you can retire early.   Visit the Green Retirement Website and learn how to retire early.