This Email forward is making it's rounds. Cute, but actually it makes so much more sense than anything we've seen happening with the bail out plan.... Which is why it would never, ever come to pass!
Call it the Patriotic Retirement Plan:
There are about 40 million people over 50 in the work force.
Pay them $1 million apiece tax-free severance for early retirement with the following
stipulations:
1) They MUST retire. Forty million job openings - Unemployment fixed.
2) They MUST buy a new American CAR. Forty million cars ordered - Auto Industry fixed.
3 They MUST either buy a house or pay off their mortgage - Housing Crisis fixed.
It can't get any easier than that!
If more money is needed, have all members of Congress pay taxes...
Janna Rankin Scharf provides a superior level of real estate services to home buyers and sellers in Coeur d'Alene and Kootenai County, Idaho. Visit www.JannaScharf.com to search for homes in the Coeur d'Alene MLS for anywhere in spectacular North Idaho.
No matter how grand or modest your real estate dreams may be, you can turn to me in confidence. Give me a call today and let me know what I can do to be of service to you!
Janna Rankin Scharf, AB, GRI, CSP, CNS, CLHMS 208.651.9700 NorthIdahoJanna@gmail.com
Janna Rankin Scharf provides a superior level of real estate services to home buyers and sellers in Coeur d'Alene and Kootenai County, Idaho. Visit www.JannaScharf.com to search for homes in the Coeur d'Alene MLS for anywhere in spectacular North Idaho.
No matter how grand or modest your real estate dreams may be, you can turn to me in confidence. Give me a call today and let me know what I can do to be of service to you!
Janna Rankin Scharf AB, GRI, CSP, CNS, CLHMS 208.651.9700
Janna,
Sounds simple in theory and would probably work temporarily. Then they all end up buying houses they can't afford, blow their retirement funds too early and we have 40 million people on government assistance and 40 million foreclosures added to the mix.
Well now Brian, that's just down right pessimistic of you! You're right of course, but you have to admit that it makes as much sense, if not more, than what they are currently throwing our money at!
This is so cute!! Amazingly...it is probably also true.
BTW...thanks for your comment on my most recent post. It has been a difficult few months...but I'm not giving up. ~GBU~
Interesting....as a 53 year old I would buy the car, pay off the house, put the rest in the bank and, oh ...buy a short with palm trees all over it and drive slow with my turn signal on, play lots of golf.... and .....wait I already do one of these!
Janna,
I'm not a pessamist I'm a realist and anything makes more sense than what they've done so far. I was just giving you a hard time. I think they should give all us 30 somethings a million dollars to start a business venture. Imagine the number of jobs that would create.
Brian - Your plan makes lots of sense, we should do that too! What's a few more trillions when we already have more debt and deficit than we can wrap our heads around!
Gary - Hey, I'm 53 too! Don't tell anyone, though. Wonder if it was you I honked at this weekend...
Elizabeth - xoxoxox
Janna, ok, sign me up. I will certainly buy an American car, I will do all sorts of smart things like put the rest away in my mattress in a bank. Oh, we are the same age, almost. I think I am 52, going on 53? I have to check, LOL. Those numbers mean nothing to me.
I got that in my email, too. There's at least one problem wrong with the scenario: 50 is too young to retire, even with $1 million. In fact, I'm 54, and I would not retire for a mere $1 million because that would probably only allow me to live in San Diego until the age of 60, maybe 65 if I'm lucky. Then where would I be? No one is going to hire a 65-year-old white guy, so I'd be on the public dole. I'm not willing to go that route. Now if, by "retire," they mean that I simply have to quit the job I'm in, I'd certainly take the million dollars, quit, take a 30-day vacation, and then start a new company and go back to work.